U.S. Stocks Movement | Apple rises over 2% pre-market as Gurman says its first foldable phone is still expected to launch as planned

Golden Ten Data, April 8 — Apple (AAPL.US) rose 2.18% in pre-market trading to $259.03. According to reports, well-known Apple leaker Mark Gurman stated that Apple’s first foldable iPhone is still expected to be launched later this year according to its usual release schedule. This news has eased investor concerns about manufacturing setbacks. Previously, there were reports that "Apple's plan is not sufficient to fully solve engineering difficulties," which led to concerns about a possible delay in the launch of the foldable iPhone. After this news broke, Apple’s stock price dropped as much as 5.1% overnight and finally closed down 2.07%.