Cirrus Logic Shares Fall 2.2% After KeyBanc Downgrade

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

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