Apple Inc.

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Investigation Details

On March 21, 2024, Apple was the subject of an Investor’s Business Daily report published titled: “Apple Stock Drops As Justice Department Sues iPhone Maker.” According to the report, “The lawsuit alleges that Apple’s conduct makes it harder for Americans to switch smartphones, undermines innovation for apps, and imposes extraordinary costs on developers, businesses and consumers.” following this news, shares of Apple dropped over 3% the same day.