Jefferies dissects Apple's 7% surge higher

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Apple stock rally continues, overtakes Microsoft in market cap

June 12, 2024 11:19 AM EDT

Apple (NASDAQ: AAPL) shares continued to rally Wednesday, propelling its market capitalization above that of Microsoft once again.

Shares of the iPhone maker have jumped more than 5% to over $217 a piece, a new record high, pushing its valuation to $3.331 trillion at the... More