Apple Shares Plunge, Nike Drops, Stellantis Falls on Tariff Concerns
On this episode of Stock Movers: -Apple (AAPL) shares plunge. Apple is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs, even after a yearslong effort to insulate the iPhone maker from trade wars and supply chain disruptions.A long list of levies unveiled by the White House are poised to hit the company especially hard, triggering its worst stock rout in five years.-Nike (NKE) shares fall. A tariff of 46% on goods from Vietnam is particularly painful for companies such as Nike, Adidas, and Lululemon, which produce significant amounts of merchandise in…
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