Apple Stock Slumps 14% from Peak, Losing $200B in Value Despite Tech Optimism
• Apple stock has fallen 14% from recent peak and is down 12% in 2024, despite Nasdaq 100 index gaining 7%
• Decline has erased over $200 billion in Apple's market valuation
• Drop comes amid concerns over iPhone sales in China and EU fine
• Analysts say stock looks most oversold in 6 years, presenting opportunity
• Despite selloff, options traders showing little fear, buoyed by tech optimism