Apple Inc. (AAPL) shares took a sharp downturn on Tuesday’s stock market session, reflecting heightened investor anxiety over Donald Trump’s tariff increases on Canadian imports. The stock tumbled to an intraday low of $220.09 during trading on March 11, 2025.
Apple Stock Declines Amid Broader Market Weakness
At 10:00 a.m. (EDT), Apple was trading down 3.35% at $220.09, extending losses from the previous session, where the stock closed at $227.48. The sell-off comes amid broader market fears surrounding escalating trade tensions between the United States and Canada.
Market Cap Wipeout: Apple Loses $165 Billion in Value
On Monday, March 10, Apple’s market capitalization (M-cap) suffered a steep 4.85% decline, erasing nearly $165 billion from the tech giant’s valuation. According to Companymarketcap data, Apple’s M-cap dropped from $3.582 trillion to $3.417 trillion in just one session.
Following a modest recovery, Apple’s M-cap remains under pressure, now sitting at $3.313 trillion, reflecting a 3.03% drop, with $100 billion in market value wiped out in the latest sell-off.
Apple’s Market Outlook Amid Trade War Concerns
As investors grapple with geopolitical risks and trade policy shifts, Apple’s performance remains closely tied to market sentiment and tariff negotiations. With the stock hovering near critical support levels, analysts are watching closely for potential rebounds or further downside risks in the coming sessions.
