How much did Apple shares fall?

Apple shares plunged 4.5% on Thursday.

Were other tech companies affected?

Yes, shares of Microsoft, Amazon, and Nvidia also declined.

Nasdaq Extends Losing Streak; Apple Plunges After Price Hikes

The Nasdaq Composite extended its losing streak as Apple shares plunged after announcing price increases for its services.

June 25, 2026

2 min read

Source: MT Newswires

The Nasdaq Composite extended its losing streak on Thursday, led by a sharp decline in Apple (AAPL) shares after the company announced price increases for some of its services. The index closed 1.2% lower at 16,500 points, marking its fifth consecutive session of losses.

Possible Reasons

The biggest drag on the Nasdaq was Apple's 4.5% plunge after the company announced monthly price hikes for its services, including iCloud, Apple Music, and Apple TV+. The move raised investor concerns about weakening demand for the company's services amid high inflation.

Context

The decline comes after a week of modest gains, as the technology sector faces increased pressure from rising interest rates and slowing consumer spending. Other major tech stocks, such as Microsoft (MSFT) and Amazon (AMZN), also posted slight declines.

Similar Moves in the Sector

Losses were not limited to Apple but also affected other major tech companies. Microsoft (MSFT) fell 0.8%, while Amazon (AMZN) declined 0.5%. Semiconductor stocks like Nvidia (NVDA) also suffered, dropping 1.2%.

Frequently Asked Questions

The Nasdaq fell due to a sharp drop in Apple shares after the company announced price hikes for its services, raising investor concerns.

Found this useful? Share it

This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.