Reasons peculiar to each company are partly responsible for these declines. Apple’s shares are down 26 percent from their high point this year (“bear territory” in investorspeak) due to disappointing sales of its three new iPhones, and the possibility that a protracted tariff war will disrupt its Chinese-based supply chain. Google, its troubles in America only now coming under serious scrutiny, is already on the losing end of its battle with E.U. regulators. It has watched its shares dive 17 percent from their 2018 high. Which is less than half the 40 percent plunge Facebook has taken.
Read More … Source: weeklystandard
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