The Mac Observer

Skip navigational links

Choose text size: Select small text. Select medium text. Select large text.

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Apple Stock Rises Another 6% in Thursday Trading

Apple Stock Rises Another 6% in Thursday Trading

by , 1:35 PM EDT, October 30th, 2008

Shares in Apple Inc. advanced more than 6% through the early afternoon trading session on Thursday, with the stock having risen more than US$15 per share since the beginning of this week. As of this writing, shares in Apple were trading at $110.84, a gain of $6.29 (+6.02%) on moderate volume of some 36.9 million shares trading hands.

The rise came as chip stocks helped push tech stocks higher. An industry trade group reported modest growth of semiconductor sales during the month of September, and the market grasped hold of this relatively good news as signs of an improving economy, and sent stocks higher, Apple's among them.

There does not appear to be any Apple-specific news behind AAPL's gains today.

*In the interest of full disclosure, the author holds a small share in AAPL stock that was not an influence in the creation of this article.  

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

Show: Subjects Only | Full Comments
Close Name:Guest
Thu Oct 30, 2008 2:18 pm Subject: Yeah, if Apple had good news ...

it would be going down.


 Reply | Quote
Comment on this Article


Guest Posts Visible. Hide Them.
Back to top  Page 1 of 1    

You cannot edit your comments.   You cannot delete your comments.

Comments are currently closed. Please email the author instead.


Recent Headlines - Updated July 3rd

Fri, 10:29 AM
News - Apple Warns of Learning Interchange Security Breach
7:30 AM
News - Happy Fourth of July!
Thu, 6:07 PM
TMO Scoop - Psystar Moves to Drop Bankruptcy Ahead of Apple Legal Battle
5:37 PM
News - Uncomfirmed Reports Say Apple & Nvidia On The Outs
4:57 PM
News - Microsoft Sick Over Barf Ad
4:09 PM
Product News - KRK Ships R6 Passive Studio Monitor for Recording
3:45 PM
John Martellaro's Blog - Particle Debris (week ending 7/2)  Juiced, Joost and Goosed
3:12 PM
Product News - ExactScan 2 Pro Released
1:56 PM
Deal Brothers - Apple TV with 160GB Hard Drive:  $324.00 Delivered
12:46 PM
TMO Appearances - TMO Appearances Jeff Gamet Shares iPhone Apps on MacJury
10:41 AM
Product News - Art Text 2.2 Adds New Templates, Layer Options
10:04 AM
Hot Forum Topic - Deciphering Mac Sales

The Mac Observer Reader Specials
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!