Will Apple stock close at $300+ any day this week? It dropped below $280 after announced price hikes.
62% of users predicted NO — the community missed this one. 40 predictions cast.
Apple shares fell sharply in late June 2026 after the company raised prices on Macs, iPads and other hardware to offset rising costs from a global memory-chip and storage shortage. On June 25, 2026, AAPL dropped roughly 6%, closing near $275, its steepest one-day decline since April 2025, according to CNBC and Bloomberg. The sell-off pushed the stock below $280 as investors weighed the hit to margins from a memory and storage cost surge that analysts projected could more than double by year-end.
Shares recovered in the following days. By July 2, 2026, AAPL closed above $300, near $308, a gain of roughly 4-5% on the day, according to Yahoo Finance and CNBC. The rebound coincided with a broader rally in large-cap technology stocks tied to easing tariff concerns, along with reports that Apple was in talks to source memory chips from Chinese manufacturers to blunt the cost pressure from the shortage.
The market asked whether AAPL would close at $300 or higher on any day during the week ending July 3. It did. Only 38 percent of 40 votes had predicted Yes, meaning a majority of participants incorrectly expected the stock to stay below $300.