This content is from: Premium
Apple, a Hedge Fund Favorite, Is Under Pressure
A bearish research report and a recent surge in short selling could result in a short-term selloff in one of the most popular hedge fund stocks.
Are shares of hedge fund favorite Apple poised for a selloff?They could be, if investors take a new report from Credit Suisse seriously. In a research note published Thursday, the investment bank raised concerns about sales of the iPhone 11 in China as well as the potential impact on U.S.
To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.