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Technology Stocks : Sequans Communications

SQNS 7.630

-1.8%

Oct 30 3:59 PM EDT

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To: FJB who wrote (2350)	4/28/2022 6:35:42 PM
From: FJB	Read Replies (1) of 2386

I BELIEVE THE RECENT FUND RAISING IS SOMEHOW SUPPLY CHAIN RELATED... Apple reports earnings… Tim Cook warns of $8 billion supply shock… Apple stock fell nearly 4% in extended trading after initially rising after Apple CFO Luca Maestri warned of several challenges in the current quarter, including supply constraints related to Covid that could hurt sales by between $4 billion and $8 billion. Apple also warned that demand in China was being hurt by Covid-related lockdowns. Apple CEO Tim Cook said that the company was “not immune” to supply chain challenges.

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