This Story Posted:
July 21st, 1999

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[3:47 PM]
Apple Stock Watch: Amid Mainstream Headlines, Apple Stock Up Again
Apple's stock closed up today as headlines about Apple and the iBook covered main stream headlines around the Internet and TV. CNN Headline News was announcing the iBook within 15 minutes of Steve Jobs' announcement during his Keynote (you can see a list of those headlines in our MacOS News Around The Web section). The result was that Apple traded all over the board, though never once below yesterday's closing price. Apple closed at 54 1/16, a gain of 1 3/16 or 2.25%. Volume was moderately heavy with 6,408,200 hands trading hands.

Apple's PC competitors also closed mostly up with IBM, Dell, Compaq, and Hewlett-Packard all closing in positive territory. Gateway 200 closed down.

The Dow and the Nasdaq both closed up with the Dow closing at 11002.78, a small gain of 6.65. The Nasdaq closed at 2761.75, up 29.57.

The Mac Observer: This is a great reaction trhat defies what has happened during recent keynotes where Apple's stock headed up before the keynote and tanked during or immediately following the keynote. The Apple Trader discussed this in his column this week and predicted that this might be the Keynote that bucked the trend. Check it out.

Apple



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