Tuesday, July 23, 2024
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Apple’s stock market value has fallen below the $2 trillion mark, following a recent dip in the tech giant’s shares. The company’s market capitalization, which reflects the value of all outstanding shares of the company, dropped to $1.97 trillion on Tuesday. This marks a significant decline from the $2.46 trillion peak reached in August. The drop in value can be attributed to a variety of factors, including supply chain disruptions caused by the COVID-19 pandemic and increased competition from other tech companies. Despite the dip, Apple remains one of the most valuable companies in the world.

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