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Apple's stock heads for 4th straight loss, as it appeals Watch ban
AppleApple(US:AAPL) Market Watch·2023-12-26 22:23

Shares of Apple Inc. AAPL, -0.31% slipped 0.3% in afternoon trading, to put them on track for a fourth straight decline, after The Wall Street Journal’s report that the technology behemoth appealed a federal trade agency’s ban of two Apple Watch models because of patent violations. The stock’s decline comes despite the 0.5% rally in the tech-heavy Nasdaq 100 NDX, +0.51% and the Dow Jones Industrial Average’s DJIA, +0.48% 158-point, or 0.4% gain. The stock has lost 2.0% last week, while the Nasdaq 100 tacke ...