Apple Inc (NASDAQ: AAPL) stock slid 2.0% in recent hours after Foxconn – one of its largest supplier had to suspend production as a new wave of COVID infections pushed Shenzhen (China) into a fresh lockdown.   Apple stock to underperform the S&P 500 In a rising rate environment, Cerity Partners' Jim Lebenthal expects cyclicals […] The post Apple stock outlook: ‘I see no way that it can expand its multiple' appeared first on Invezz.