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Apple Stock Still on the Rise [UPDATED]

Apple Stock Still on the Rise [UPDATED]

by , 12:05 PM EDT, April 6th, 2006

Apple's stock began a steady climb Wednesday after the announcement of Boot Camp, and only a day later it has gained over ten percent in value. The stock opened on Wednesday at US$61.17, and today jumped over $70. Positive interest in Apple's new software that lets Intel-based Macs boot either Mac OS X or Windows XP seems to be fueling the drive.

Apple's stock ended the trading day Thursday at $71.24, up 6%, or $4.03. At 5:09 PM EST in after-hours trading, it was down a tad to $71.20, which likely reflected some profit-taking by investors who wanted to cash in on the stock's significant jump in value.


If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.

Observer Comments

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Close Name:Guest
Subject: 20% below 3 months ago

Close Name:Guest
Subject: Re: 20%

Quote
Guest wrote:

So? That was a short-lived bump after Macworld, when all the speculators were preying on the stock.

Let's face it, Apple is doing extraordinarily well. If you bought the stock a couple of years ago, you've what, tripled your money?

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