AAPL Advisory: Apple Sets A New 52-Week High

On Thursday Apple Computer (AAPL) set a new 52-week high of US$22.22 before closing at US$22.19 for the day. At Thursdayis closing price Appleis market capitalization (the sum value of all shares outstanding) stood at US$8.044 billion. The last time Apple closed above Thursdayis price was June 5, 2002 when AAPL ended the trading day at US$22.72.

In Thursday trading Apple advanced US$.71 on volume of more than 5.7 million shares. Appleis one-day gain of more than 3.3% eclipsed the advance in the broader market. At the close on Thursday the Dow Jones Industrial Average stood at 9,374.21, up 40.42. The S&P 500 Index finished at 1,002.84, up 6.05. The NASDAQ Composite Index moved higher by 18.05 to close at 1,800.18.

Check out the new and vastly improved Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Appleis financial dealings!

For full quotes on all the companies mentioned in this article, we have assembled a set of stock quotes at Yahoo! for your reference. For other stories regarding Appleis stock activity, visit our updated Apple Stock Watch Special Report.