Trade Tracker: Jim Lebenthal trims Apple
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Jim Lebenthal, chief equity strategist at Cerity Partners, has decided to trim his position in Apple, despite the stock already being down 10%.
January 14, 2025 | 6:30 pm
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Jim Lebenthal, a notable equity strategist, is reducing his holdings in Apple, which may signal a lack of confidence in the stock's short-term recovery, especially as it is already down 10%.
Jim Lebenthal's decision to trim his Apple holdings suggests he may not expect a quick rebound in the stock price. His actions could influence other investors, potentially leading to further selling pressure.
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