https://www.moneycontrol.com/news/world/apples-ugly-day-wipes-out-120-billion-spills-over-big-tech-9253661.html
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9/30/22 at 2:02am
Organization
Moneycontrol
Author
Bloomberg
The iPhone maker dropped 4.9% after Bank of America cut its rating to neutral from buy, warning of weaker consumer demand for its popular devices. The selloff erased roughly $120 billion from Apple’s market capitalization.
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