Apple Stock Price Plunges Amid Leadership Transition and Slowing Services Growth

Apple's stock price took a dip today, trading at $308.35 and down 1.1% for the session.

The decline comes amidst a leadership transition within the company, with John Ternus set to take over as CEO from Tim Cook, who will shift to executive chairman and oversee government affairs.

Additionally, Apple's services segment posted a 0.6% year-over-year decline in App Store net revenue, marking its first drop in four years.