Apple shares are trading lower amid reports the DOJ is preparing to file an antitrust lawsuit against the company.
Portfolio Pulse from Benzinga Newsdesk
Apple shares are trading lower following reports that the Department of Justice (DOJ) is preparing to file an antitrust lawsuit against the company.

March 21, 2024 | 2:17 pm
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Apple's stock price is experiencing a downturn due to reports of an impending antitrust lawsuit by the DOJ.
The news of a potential antitrust lawsuit by the DOJ directly impacts Apple by creating regulatory and legal challenges. Such challenges often lead to investor uncertainty and can negatively affect the company's stock price in the short term. The significance of this development is high given the potential for it to affect Apple's operations and market perception.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100