|Bid||52.25 x 900|
|Ask||52.85 x 1000|
|Day's range||49.78 - 52.51|
|52-week range||39.39 - 114.09|
|Beta (5Y monthly)||2.13|
|PE ratio (TTM)||259.85|
|Earnings date||08 Aug 2022 - 12 Aug 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||75.89|
The "Snap effect" badly affected sentiment for the company, although reaffirmed guidance soothed some of that pain.
The S&P 500 and the Nasdaq Composite have both fallen headlong into correction territory. A stock split doesn't change the underlying fundamentals of a business, so that alone isn't a reason to buy the stock. Apple (NASDAQ: AAPL) stunned investors in mid-2020 when the company announced a 4-for-1 stock split, the first in almost six years.
A recovery in the technology sector is inevitable in the long run, and these companies could lead the charge.