Apple Stock Plunges After Q3 Results and Weak Guidance

Apple's stock has experienced a significant decline, heading for a substantial market cap wipeout, following disappointing Q3 results and weaker-than-expected guidance, marking its worst post-earnings drop in 13 years.

31 Jul, 13:51 — 31 Jul, 13:51

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marketwatchMostly Factual13d ago

Apple heads for $460 billion wipeout with its stock seeing worst post-earnings drop in 13 years

Investors are reacting negatively to weak guidance brought on by supply-chain pressures.

By Emily Bary

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First report: marketwatch · 31 Jul, 13:51|Full coverage: 2 · 3h|Window: 3h

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marketwatch31 Jul, 13:51First to report

Apple heads for $460 billion wipeout with its stock seeing worst post-earnings drop in 13 years

3h later

seeking-alpha31 Jul, 16:51Latest update

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Apple Stock Plunges After Q3 Results and Weak Guidance

Sources

Apple heads for $460 billion wipeout with its stock seeing worst post-earnings drop in 13 years

Coverage Timeline

Apple heads for $460 billion wipeout with its stock seeing worst post-earnings drop in 13 years

Apple stock plunges: $300 support hangs by a thread after guidance miss

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