AAPL Jumps Another 4% to $96 per share in Third Straight Rally

Shares in Apple Inc. enjoyed a third straight day of strong gains to close at US$96.35 per share Thursday, a gain of $3.67 (+3.96%). The stock was buoyed by news of a media event to preview iPhone Software 3.0, while the markets as a whole also enjoyed a third day of rallying.

The Dow Jones closed above the important 7,000 mark at 7,170.06, a gain of 239.66 (+3.46%). The Nasdaq gained 54.46 points (+3.97%) to close at 1,426.10, and the S&P closed up at 750.74, a gain of 29.38 (+4.07%).

AAPL has gained some 15.9% during the last three days since it closed Monday at $83.11 per share. It is still well off the 52-week high of $192.94 that was set on May 14th, 2008.

*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.