Apple has to do something to justify its run-up, says Capital Area Planning's Ethridge
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Malcolm Ethridge from Capital Area Planning Group suggests that Apple needs to justify its recent stock price increase. The discussion also touches on the Nasdaq's current weakness.
January 10, 2025 | 9:45 pm
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Malcolm Ethridge from Capital Area Planning Group suggests that Apple needs to justify its recent stock price increase, implying potential overvaluation concerns.
Ethridge's comments suggest that Apple's stock may be overvalued, which could lead to a short-term negative impact on its stock price as investors reassess its valuation.
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