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Canada’s Largest Pension Slashes Bets on Electric Vehicles, Sells Apple Stock

Por: MarketWatch Business December 04, 2022

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CPP Investments said it doesn’t comment on individual stock changes. The pension’s total assets stood at . The pension sold 1.3 million Apple shares to end the third quarter with 3.5 million shares. Apple stock slid 22% in the first nine months of the year, compared with a 25% drop in the . So far in the fourth quarter, shares are up 7.0% while the index has risen 14%. Apple’s iPhone production could suffer from disruptions at supplier .... + full article



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