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Barchart
Barchart
Ruchi Gupta

After Plunging Near 1-Year Lows, Is Apple Stock a Buy on the Tariff Exemption Rally?

Apple Donald Trump AAPL China

Apple (AAPL) is a technology company best known for its cutting-edge innovation, creating category-defining products like the iPhone, Apple Watch, and AirPods. The company also provides subscription-based streaming services such as Apple Music, Apple Arcade, Apple TV, Apple Fitness+, Apple Pay, and more.

Apple stock experienced a significant decline in early April as global markets reacted to President Donald Trump’s “reciprocal” tariffs, but it has since rebounded. Over the past five days, Apple shares have gained 11.6%, showcasing a strong recovery. 

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