APP · NASDAQ
APP · NASDAQ
240.77 USD
-14.14 (-5.55%)
APP fell 5.3% pre-market as Nasdaq futures dropped sharply and technology shares sold off. Recent target-price cuts from UBS and RBC added company-specific pressure, with UBS cutting its target to $414 from $790 and RBC lowering its target to $500 from $575. The broader risk-off tape accounted for much of the move, while the analyst resets deepened APP's decline.
APP fell 5.3% pre-market as Nasdaq futures dropped sharply and technology shares sold off. Recent target-price cuts from UBS and RBC added company-specific pressure, with UBS cutting its target to $414 from $790 and RBC lowering its target to $500 from $575. The broader risk-off tape accounted for much of the move, while the analyst resets deepened APP's decline.