Previous close | 49.03 |
Open | 49.78 |
Bid | 52.25 x 900 |
Ask | 52.85 x 1000 |
Day's range | 49.78 - 52.51 |
52-week range | 39.39 - 114.09 |
Volume | |
Avg. volume | 6,626,747 |
Market cap | 24.122B |
Beta (5Y monthly) | 2.13 |
PE ratio (TTM) | 259.85 |
EPS (TTM) | 0.20 |
Earnings date | 08 Aug 2022 - 12 Aug 2022 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 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.