Apple (AAPL) stock tests key technical level amid worst start since 2008

Apple Inc.’s stock has had a rough start to the year and is now flirting with a key level that could signal more downside ahead if breached.

The stock is down 11% in 2025 through Friday’s close, making it the clear worst performer in the Magnificent Seven group. It has also significantly underperformed the S&P 500, which is up about 3.7% this year and hit a new record high earlier this week. Apple’s performance is the worst start to the year for the iPhone maker since 2008, according to data compiled by Bloomberg.