Analysts say Apple's expected foldable iPhone unlikely to move the stock much
Despite anticipation around Apple's expected foldable iPhone announcement, investors do not foresee a significant stock move, and some expect shareholders to sell on the news, according to CNBC.
Apple is expected to announce a foldable iPhone, but CNBC reported that investors do not foresee a major move in the company's stock despite the hype.
Some analysts told CNBC the announcement could prompt some investors to sell shares rather than buy, according to the report.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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