Cramer says he thought Apple would be down more on the coronavirus warning, would not buy yet

Cramer says he thought Apple would be down more on the coronavirus warning, would not buy yet

CNBC’s Jim Cramer said Tuesday he thought Apple‘s stock would be down further after the iPhone maker announced it would not meet its quarterly revenue forecast due to the coronavirus outbreak.

Shares of Apple were down around 2.5%, or roughly $8, on Tuesday. Cramer said on “Squawk Box” he thought the stock would be down about $10.

Apple’s announcement Monday cited coronavirus impacts on both…

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