Apple Drops, Deckers Falls, Intuit Rises After Positive Earnings
On this episode of Stock Movers:-Apple shares drop after President Trump threatened a 25% levy on Apple if the tech giant failed to move iPhone manufacturing to the US. Analysts at Wedbush estimate that such tariffs translate into iPhone prices of ~$3,500/-Deckers shares drop as Owns Ugg boots and Hoka running shoes provided a disappointing fiscal first-quarter forecast. Management also declined to provide full-year guidance due to macro uncertainty related to evolving global trade policies.-Intuit shares rise after the tax-preparation software company reported third-quarter results that beat…
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