TOKENPOST
1 min read
Add as a preferred source on Google

Cirrus Logic Shares Fall 2.2% After KeyBanc Downgrade

KeyBanc’s concern centered on cuts to Apple’s iPhone units and a likely decline in 2027.

By Enna Lee
Published
A silicon chip sits beside a row of unbranded smartphones / TokenPost.ai
A silicon chip sits beside a row of unbranded smartphones / TokenPost.ai

Cirrus Logic (CRUS) shares fell 2.2% in premarket trading Oct. 15 after KeyBanc downgraded the chipmaker over concerns tied to Apple’s iPhone unit outlook.

KeyBanc viewed cuts to Apple (AAPL) iPhone units as pointing to a likely decline in unit sales in 2027.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…