Apple's Trading Volume Surges 163% to 210 Billion, Ranked Third in Market Activity Despite 925% Stock Decline

On April 3, 2025, Apple's trading volume reached 210.21 billion, marking a 163.2% increase from the previous day and ranking third in the day's stock market activity. Apple's stock price fell by 9.25%.

Apple's stock price declined following the announcement of new tariffs by President Donald Trump, which included China. The tariffs are expected to impact Apple's supply chain and overall operations. Bank of America (BofA) responded by lowering its price target for Apple from $265 to $250, while maintaining a Buy rating on the shares. BofA believes that Apple has the capability to manage its supply chain to mitigate the impact of the tariffs.

Despite the tariffs, BofA remains optimistic about Apple's ability to navigate the challenges posed by the new trade policies. The firm's analysts have reiterated their Buy rating on Apple's stock, indicating confidence in the company's long-term prospects. The reduction in the price target reflects the immediate concerns surrounding the tariffs, but BofA's stance suggests that these issues are manageable.