Apple Inc. (NASDAQ: AAPL) has reopened after its trading halt. The company handily beat earnings estimates and estimates on margins, iPhones, iPods, and iMacs…. and shares are sharply higher. Shares closed down 1% at $244.59, and the stock is up around $263.00 in the after-hours session. The prior 52-week and all-time high was $251.14.
Keep in mind that each $1.00 up in share price is close to $900 million in market cap. The stock is now up around $261.00 and it hit $264.00 in the after-hours session.
JON C. OGG
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