Apple's stock price keeps climbing and hit a new closing high on Tuesday at US$109.70. The iPhone and iPad maker's stock has been on a upward trend since before its 7-to-1 stock split earlier this year, and doesn't seem to be showing any sign of slowing down.
AAPL hits another record closing high
The company's stock gained $0.87, or 0.80 percent, on Tuesday. Its 52-week trading range sits between $70.51 and $110.30.
Currently, Apple's market cap is at $646.25 billion, making it the single most valuable company in the world.
Apple's stock split happened on June 9th with an opening price around $92 after closing the previous Friday at $645.57. Investors are still seeing gains from their investment because the value of their adjusted shares keeps climbing.
Apple's stock is trading in the pre-market Wednesday morning at $109.42, down 0.28 (0.26%).