Apple shares shot up more than 3% Monday following a 4-for-1 stock split that took place after the market closed Friday.
This morning, every Apple shareholder who owned one share at Friday’s closing price of $499.23 owned four shares, each with one-quarter that value ($124.81). After soaring as high as $131 in trading Monday, AAPL closed at $129.04, up $4.23 (3.39%) for the day.