Wall Street Is Starting to Screw Its Head On Right About Apple


Screen Shot 2013-11-27 at 7.25.57 AM

2013 has been a rocky year for Apple Stock, but it looks like Wall Street might be ending the year bullish on Wall Street, with shares of AAPL closing at an all-time high last night.

For those who don’t remember, on January 24th this year, Apple shares went plunging from $514 a share to around $450 a share in just a single day. From there, AAPL hit its yearly low in April 2013, being valued by Wall Street at just $390.53 a share.

Luckily, since then, the company that once tipped $700 per share has seen a slow and steady rise in its share price. Buoyed by new iPhones and iPads, in fact, Apple’s shares closed last night at $533.40.

That’s still less than what Apple was worth just a year ago, when Apple traded for about $50 more a share. But as far as this year is concerned, it’s a new high. Let’s hope it keeps rising.

Source: Google
Via: ModMyi