Apple down slightly premarket as investors trim large-cap tech. Check out the latest technical levels, analyst targets, and Q3 outlook.
Apple Inc.
(NASDAQ:AAPL) stock was little changed in Friday's premarket trading as investors trimmed exposure to large-cap technology stocks.
Nasdaq futures were down 1.64%, while S&P 500 futures fell 0.79%, weighing on the broader tech sector.
Apple's modest decline appeared to reflect the broader risk-off sentiment rather than any company-specific news.
The stock is also trading near the upper end of its 52-week range, where investors often become more cautious after a strong rally.
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