The Glasshouse Report

Tuesday, March 21, 2017

Apple's Stock Climbs Toward 4th Record This Month, 11th Record This Year


By Market Watch, March 21, 2017

Apple Inc.'s stock AAPL, -0.20% continued its march to record highs, as it climbed 0.7% in morning trade after updating its iPad and iPhone offerings and introducing a new video app. The stock was the biggest gainer among Dow Jones Industrial Average components, with the price gain of 97 cents adding about 7 points to the Dow's price, which was up 15 points. Apple's stock has reached all-time intraday highs in four of the past five sessions, and has already closed at record highs three times this month and 10 times this year, bringing its market capitalization to $747.4 billion in morning trade. In comparison, the Dow has closed at one record high this month, on March 1, and 15 times this year. Apple shares have gained 23% year to date, while the Dow has climbed 5.9%.

Read More: http://www.marketwatch.com

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