Recently we have reviewed a lot of assets. We were talking commodities, crypto and indices but haven’t focused on a certain stock company for a while. It’s over one and a half month since the Russia-Ukraine war has begun, Fed raised the interest rate and hawkish rhetoric persists. How have Apple Stock price changed amid these circumstances?
APPL - The price was 10% below-the-line on the first day of war
3M chart shows some ups and down. The price was 10% below-the-line on the first day of war. Another significant decrease shocked investors in the end February. Unfortunately even releases of new products like another iPad or "cheap" iPhone SE didn’t help APPL to rise significantly.
Related article: ECB To Shock Markets In The Following Week!? US Dollar Rate Under Pressure As Well!
Apple Stock Price History Chart
What’s more week and a half after the keynote when the products were introduced, the price was changing dynamically. Naturally it was caused i.a. by the events linked to Russia-Ukraine conflict and Fed’s interest rake hike on March 16th.
Apple Stock Price Is "Only" 4% Down
Apple Stock Price Chart
Source and Data: NPR, Investing.com
Charts: Courtesy of TradingView.com