The firm called the stock’s postearnings drop in premarket trading “overdone.”
Related Posts
Apple misses on iPhone revenue, sees 11% drop in China sales
Although Apple’s overall sales rose during the quarter, the company’s closely watched iPhone sales actually declined slightly on a year-over-year basis.
Fed cuts by a quarter point, indicates fewer reductions ahead
The Federal Reserve on Wednesday announced its decision on interest rates.
PBS sues Trump over executive order to cut funding
PBS sued President Donald Trump to block his effort to cut off federal funding for the public broadcaster.