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More about Apple and Stocks
from MashableSeth Fiegerman
Apple stock is back in the triple digits.
Apple hit $100 a share in early trading Tuesday for the first time since the company went through with an unusual 7-for-1 stock split in early June. That puts Apple within striking distance of its split-adjusted all-time high of $100.72 a share (or $705.07 before the split).
The company's market is now closing on $600 billion again, after having fallen below that mark the month after the iPhone 5 was released in 2012 amid supply chain concerns. Apple's stock and market value only to continue to fall in the months that followed as analysts and investors due to a host of issues ranging from executive shakeups to growing competition and doubts over Apple's future product pipeline. Read more...
More about Apple and Stocks
from MashableSeth Fiegerman
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