Apple's new watch has traders punishing one massive retailer (AAPL, UHR)
![Apple's new watch has traders punishing one massive retailer (AAPL, UHR)](/links/ronstew/thumbnails/1616361035845788499968.jpg)
Apple's new watch has traders punishing one massive retailer (AAPL, UHR)
The Apple Watch Series 3 announcement caused Swatch's stock to drop, costing the company as much as $1 billion in market value.
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