Apple’s Stock Dances in $330 Record Territory

Shares in Apple Inc. danced on record territory Monday, as the markets enjoyed a broad rally sparked by general economic optimism. AAPL traded at US$330.05 in, up $7.49 (2.32%), in the early afternoon session.

The closing high for the stock is $325.47, a price set at the close of trading on December 28th, 2010. Shares have been trading in the $320 range for much of the closing weeks of the year, and the intra-day record was more than $329 heading into Monday’s session.

All three major indices were rallying Monday, with the DJIA at 11,704.84, up 127.33, the NASDAQ at 2,696.73, up 43.86, and the S&P 500 at 1,274.84, higher by 17.20.

AAPL Chart

Source: Yahoo! Finance

*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.