Apple shares down after appealing EU antitrust fine

ReutersJul 7, 2025 3:42 PM

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Apple Inc's AAPL.O shares are down 0.6% to $212.35 on Mon after the iPhone maker appealed a European Commission fine

In April, the European Commission fined Apple 500 million euros after determining that it breached the Digital Market Act by preventing app developers from directing users to cheaper deals outside the App Store

AAPL filed its appeal to Europe's second highest court on Mon

AAPL is on track to snap five straight sessions of gains in line with the benchmark S&P 500 .SPX, which is also losing ground

AAPL is down ~15% YTD, while the Nasdaq .IXIC is up ~6%

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