Investors bail on rumours of a capital gains tax in the pipeline

Apple stocks lose a quarter of their value

Apple’s stock price has fallen by around a quarter of their value – the first such decline since 2003.

According to Forbes, the falling share prices has been spurred by investors selling shares after becoming spooked by supply chain issues. However, others say that the issue is arising from the possibility of new capital gains and dividend taxes due to be enacted in the US next year.

Whatever the reason, Apple has seen is stock prices fall by as much as a quarter of their value from a high point in September.

The strong decline suggests that the issues are due to taxation. Some analysts have theorised that although some investors are selling, most buyers aren’t buying – instead they are waiting to see how the negotiations in Washington pan out before purchasing.

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