Shares of Apple, down more than 12 percent this year, fell as much as 1 percent Friday to the lowest level since June 2014.
The stock briefly traded at $91.99, a new near two-year low. The stock closed down 0.56 percent at $92.72 and was about 1.5 percent lower for the week.
Apple, once considered a darling among Wall Street investors and analysts, has been under pressure recently. On Tuesday, the stock snapped an eight-day losing streak, its longest in nearly two decades.
It’s the latest blow to Apple, which is easily the most popular stock held by individual investors.
The company also reported its first-ever quarterly decline in iPhone sales last week, as well as its first year-over-year quarterly sales drop since 2003.
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