growth-mutual
Growth funds dumping Apple stock as iPhone sales seen sagging; value-managers moving in
January 15, 2016 by publisher · Leave a Comment
By David Randall NEW YORK (Reuters) – Major U.S. growth mutual funds have been among the largest sellers of Apple Inc shares over the past six months, fueling speculation that the company’s days of supercharged growth have come to an end. Amid concerns that iPhone sales may be set to drop, the $77.3 billion American Funds Capital World Growth & Income Fund has sold all of its 1.7 million Apple …
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Growth funds dumping Apple stock as iPhone sales seen sagging; value-managers moving in