Apple (AAPL) Weakens Mid-Day on Rumors

September 19, 2016 12:36 PM EDT

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.

Apple (NASDAQ: AAPL) midday weakness is being attributed to unconfirmed rumors iPhone 7 batteries are exploding similar to Samsung's problems.

After opening higher, shares of AAPL are now down 1%.

This morning, JP Morgan issued some cautious commentary, saying the positive reaction in shares based on early carrier iPhone pre-order data is premature.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Rumors, Trader Talk

Related Entities

JPMorgan

Add Your Comment