Why Is Apple Stock Sliding Nearly 3% Premarket Amid Tech Surge?
5
0
Apple, Inc.’s (NASDAQ:AAPL) fiscal year 2024 first-quarter earnings report presented a mixed picture, prompting apprehensive traders to push the stock lower in premarket trading on Friday.
The company reported first-quarter earnings per share of $2.18 and revenue of $119.6 billion. These figures marked an increase from the year-ago quarter numbers of $117.2 billion and $1.88 per share, respectively, exceeding consensus estimates.
The year-over-year revenue growth …
Full story available on Benzinga.com
Visited 5 times, 1 visit(s) today
Related posts:
- Tesla Bull Rues ‘Train Wreck’ Earnings Call, Slashes Price Target By 10%: ‘Dead Wrong Expecting Musk And Team To Step Up Like Adults In The Room’
- S&P 500 Eyes Sixth Green Session, Tesla Tumbles, Oil At 2-Month High: What’s Driving Markets Thursday?
- Stock Market Hits Record Highs, Tesla Tumbles, Netflix Soars: This Week In The Markets
- Meta Stock Skyrockets Over 16% Premarket: What’s Fueling The Stratospheric Rally?