Gene Munster predicts an 8% drop in Apple's stock after the iPhone event

Gene Munster predicts an 8% drop in Apple's stock after the iPhone event

7 years ago
Anonymous $wKBR2uNMvM

https://www.cnbc.com/2017/09/11/gene-munster-predicts-an-8-percent-drop-in-apples-stock-after-iphone-event.html

Apple's stock will likely see a significant drop after the company's highly anticipated iPhone event Tuesday, Loup Ventures' Gene Munster told CNBC on Monday.

"We're probably expecting more like ... a 7 or 8 percent drop," Munster said on "Halftime Report." Munster didn't specify a time frame for that fall, but last week hepredicted a 10 percent pullback in Apple's stock over the next one to three months.