Apple stock fell nearly 1% on Monday after the release of its highly anticipated Vision Pro virtual reality headset that one analyst said was costlier than anticipated and overhyped.
The Vision Pro unveiling created a sell-the-news event in Monday’s trading, as is typical for a product launch of its scale, KeyBanc analyst Brandon Nispel wrote in a research note to clients on Monday, saying the “hype leading into the event felt well overdone.”
