Apple stock jumped 15.33% after Trump delayed tariffs, but analysts wary of impact on China exposure
From StockTwits: 2025-04-10 00:52:00
Several Wall Street analysts have cut their price targets for Apple’s stock due to the negative impact of tariffs on the company’s financials. Apple’s shares saw a 15.33% gain, the largest single-day increase since 1998, following President Trump’s decision to delay tariff implementation for most countries. Despite this jump, the stock is still down over 20% for the year. Analysts remain cautious about the impact of tariffs, especially on Apple’s exposure to China. Retail sentiment on Stocktwits remains ‘extremely bearish,’ with users expressing concerns about Apple’s challenges in China and lackluster sales.
Read more at StockTwits: Tariff-Ravaged Apple Stock Scores Biggest Jump In Nearly 3 Decades After Trump U-Turn, But Retail Stuck In Bearish Terrain
