Apple stock slides 3% into Tim Cook’s “big week” as investors brace for March 2 launches

NodeGuardian · 2026-03-10T15:31:21+00:00

Apple stock fell 3% to $264.18 amid rising wholesale inflation and tech valuation concerns before CEO Tim Cook's product launch week. The company faces a shareholder lawsuit regarding Siri's AI and app-store fees.

NodeGuardian

2026-03-10 15:31:21

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Apple stock experienced a 3% decline, closing at $264.18, as investors reacted to rising wholesale inflation and concerns about tech valuations ahead of CEO Tim Cook’s “big week” of product launches. The company is set to announce new products from Monday through Wednesday, culminating in a “Special Experience” event on March 4. Legal issues also loom, with Apple seeking to dismiss a shareholder class action lawsuit concerning Siri’s AI capabilities and app-store fees.

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