Will Apple stock rise after the iPhone 18 launch? Here's what history says
India, Sept. 9 -- Apple stock has a history of recovering after iPhone launches. The stock has often seen a small "sell-the-news" reaction right after an iPhone launch, but it has frequently recovered within the next 30 to 60 days, according to Bank of America analyst Wamsi Mohan.
History gives Apple investors a reason to be hopeful. Apple stock has risen in the 60 days after an iPhone reveal 17 times since the original iPhone launch in 2007, Mohan's analysis found, according to Yahoo Finance. The biggest post-launch gain was 20%. Apple shares climbed 20% in the 60 days after the iPhone 11 was unveiled in 2019, marking the strongest gain in Mohan's analysis.
Apple shares were moving around before the latest event. The stock wavered duri...
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