With Nvidia hot on its heels, and Microsoft ahead, Apple stock gains in recent weeks has returned the company to a $3 trillion valuation at market open on Wednesday morning.
Apple’s stock has seen a resurgence since the company revealed its second fiscal quarter results. Following its better than expected quarter, Apple recovered nearly its entire losses for the year.
Apple’s stock has seen a resurgence since the company revealed its second fiscal quarter results. Following its better than expected quarter, Apple recovered nearly its entire losses for the year.
And, since then, it has gone green on the year.
On Wednesday morning at opening, it crossed the $195.63 price, which puts it over $3 trillion in valuation for the first time since December 2023, based on late-April filings for outstanding stock shares. The actual valuation is a little hazy, as Apple continuously buys back its stock — and is in the process of another big buy-back.
Go Here to Read this Fast! Apple regains $3 trillion valuation, creeps up on Microsoft
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Apple regains $3 trillion valuation, creeps up on Microsoft