Chip Suppliers Drop Before Apple’s Q4: A Bad Sign?

By | October 26, 2015

Scalper1 News

A group of Apple’s (AAPL) chip suppliers are trading lower in the stock market today, ahead of the consumer tech giant’s fiscal fourth-quarter earnings after the close on Tuesday. Is this a bad omen for Apple? Cirrus Logic (CRUS) , which reports its quarterly figures after the close on Wednesday, dropped 11% in heavy volume. The gap-down puts the stock back below its 200-day line, a level that Cirrus Logic just regained last week. Shares are Scalper1 News

Scalper1 News