$AAPL Stock Tumbles 7.4% on Disappointing Earnings (After-Hours)
Apple shares plunged 7.4% in after-hours trading on Friday, August 1, 2026, erasing $359 billion in market value. The significant drop followed the company's fiscal third-quarter earnings report, which failed to meet investor expectations and sent the stock to $308.91. This marks a substantial turn after recent gains.
Investors may want to watch Apple Inc. ($AAPL+WL) for potential continued downside if the current bearish sentiment following its earnings report persists.