105.11 -2.01 (-1.88%)
Before hours: 8:42AM EDT
|Bid||106.56 x 1000|
|Ask||106.59 x 1200|
|Day's range||106.77 - 112.11|
|52-week range||53.15 - 137.98|
|Beta (5Y monthly)||1.28|
|PE ratio (TTM)||32.50|
|Forward dividend & yield||0.82 (0.77%)|
|Ex-dividend date||07 Aug 2020|
|1y target est||N/A|
Here's really why stocks are losing a ton of steam right now.
A group of Apple Inc's <AAPL.O> critics - including Spotify Technoloy SA, Match Group Inc and "Fortnite" creator Epic Games - have joined a nonprofit group that plans to advocate for legal and regulatory action to challenge the iPhone maker's App Store practices. Apple charges a commission of between 15%-30% for apps that use its in-app payment system and sets out extensive rules that apps must comply with to appear in its App Store, which is the only way Apple allows consumers to download native apps onto devices such as the iPhone. The Coalition for App Fairness, structured as a nonprofit based in Washington, D.C. and Brussels, said it plans to advocate legal changes that would force Apple to change.
The unprecedented coronavirus disease 2019 (COVID-19) pandemic has created meteoric plunges and rises in the market; it even sent the CBOE Volatility Index to its highest reading in history in March. You might be under the impression that Wall Street and retail investors have been buying into the FAANG stocks hand over fist in 2020.