Appleis stock dropped US$11.61 on Monday to close at $153.76, but by opening on Tuesday had begun recovering and was already at $160.98. By mid morning, the Mac and iPod makeris stock jumped up over the $165 mark.
The companyis stock has been on a general upward climb for for weeks, but has been showing some volatility coinciding with Wall Street fluctuations.
Appleis market cap is currently sitting at $144.72 billion. In comparison, Intelis market cap is above Apple at $150.15 billion, IBM is $143.10 billion, and PC maker Dell is at $62.4 billion.
Apple is currently trading at $165.90, up 12.14 (7.90%).