Tag Archives: bad-request

Apple stock sinks on iPhone, China and Apple Music concerns

Apple (AAPL) stock fell to its lowest level in six months Monday over concerns about slowing iPhone sales, especially in China. The Cupertino, Calif.-based company also is dealing with growing complaints about its new Apple Music service, which some critics have described as a “mess.” Apple shares fell below their 200-day moving average for the first time since September 2013. The 200-day moving average is an important level of price support watched by investors. Apple was down over 2% to below 119 in afternoon trading on the

CDW Gaps Up On Earnings, British Acquisition

CDW (CDW) impressed Wall Street enough with its second-quarter earnings report and its acquisition of a British tech solutions provider that the company’s stock gapped up at the outset Monday, and it managed to hold on to a 5% gain in afternoon trading. CDW reported 81 cents a share in adjusted EPS, 20% better than the 67 cents reported for the year-ago quarter and 16% ahead of the 70 cents expected by analysts polled by Thomson Reuters. Revenue

Hot IPO Fitbit Hits High Before Q2 As Apple Cracks

Fitbit (FIT) stock looks to have hit its stride ahead of its quarterly earnings report after the close on Wednesday, with shares sprinting to a new high in the stock market today. The fitness-tracker maker is projected to grow earnings by 14% and sales by 180%. The Wednesday report will be the company’s first quarterly report since going public on June 18. The recent IPO jumped rose 4.9% to 49.95 in afternoon trading. Earlier, it jumped to 50.99,