Apple stock up a third as Wall Street applauds

Analysts and stock investors gave Steve Jobs' vision of the new Apple a warm welcome yesterday, sending shares up by a third to close at 26-5/16, just a point down on its 52-week high.

Investors buying at the 52-week low would have doubled their money as Wall Street digested Apple's powerful new board and statement of commitment by Microsoft.

Although, a analysts cautioned that a correction is likely once the euphoria fades, the announcement of chairman and CEO appointments could propel the stock further north.


You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
See All
See All