Apple (AAPL) Erases Losses Early on Volume Amid Cook Comments
Tweet
Share
E-mailGet Alerts AAPL Hot Sheet
Price: $169.02 +1.27%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
EPS Growth %: -0.7%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
EPS Growth %: -0.7%
Join SI Premium – FREE
Apple, Inc. (Nasdaq: AAPL) shares are now in positive territory on a massive pop higher this morning. Shares started the session down 1.8 percent and surged back up within the first 10 to 15 minutes as over 5.5 million shares crossed. At $530 per share, that's nearly $3 billion worth.
Volume is just over 15 million shares today, versus the daily average of about 20.5 million.
Currently, the stock is pulling back, but there appears to be a strong desire in the investment community to get shares back up to the $600 level, a place it hasn't been since late October.
Notably, an interview with CEO Tim Cook will be published in the upcoming edition of BusinessWeek, with the full interview at Bloomberg today.
Volume is just over 15 million shares today, versus the daily average of about 20.5 million.
Currently, the stock is pulling back, but there appears to be a strong desire in the investment community to get shares back up to the $600 level, a place it hasn't been since late October.
Notably, an interview with CEO Tim Cook will be published in the upcoming edition of BusinessWeek, with the full interview at Bloomberg today.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- Apple (AAPL) announces 'Let Loose,' a special online event to be held in May
- Apple (AAPL) option IV into events
Create E-mail Alert Related Categories
Insiders' Blog, Management Comments, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
