NASDAQ Composite ended the session with Apple rising 2.25% to $142.20 on Monday while nASDAQ Composite rose 0.26% to $13,577.94.
Apple today’s close was $142.20, 2.03% under its 52-week high of $145.08.
News about Apple today
According to today’s article on Business Insider, "The S&P 500 has risen around 70% since its low at the end of March 2020, powered by the big tech "growth" stocks such as Amazon, Netflix, Apple and Google."
According to today’s article on Business Insider, "Tony Fadell, the former Apple engineer who co-founded Nest Labs, left the company the following year, after many months of rumors about Nest’s tough working environment."
Apple price target gets a boost at raymond james. According to today’s article on MarketWatch, "Raymond James analyst Chris Caso boosted his price target on shares of Apple Inc. to $150 from $140 Monday, writing of an upbeat dynamic that could play out in the company’s upcoming earnings report. ", "He’s also optimistic about sales of AirPods, Apple Watches, and Macs, noting that he’s seen "consistent positive supply-chain revisions." Looking beyond the latest quarter, Caso expects the 5G iPhone to be a "two-year cycle" with positive trends carrying into Apple’s next fiscal year. "
According to today’s article on Bloomberg Quint, "In June, he revealed that after selling Chewy for $3.35 billion, he’d sunk virtually all his proceeds into just two stocks – Apple Inc. and Wells Fargo & Co."
Apple’s sales growth is 16.4% for the present quarter and 27% for the next. The company’s growth estimates for the present quarter and the next is 12.8% and 40.6%, respectively.
Year-on-year quarterly revenue growth grew by 1%, now sitting on 274.52B for the twelve trailing months.
Apple’s last day, last week, and last month’s average volatility was 1.61%, 1.54%, and 0.39%, respectively.
Apple’s last day, last week, and last month’s high and low average amplitude percentage was 3.58%, 2.67%, and 2.60%, respectively.
Apple’s Stock Yearly Top and Bottom Value
Apple’s stock is valued at $142.20 at 16:05 EST, under its 52-week high of $145.08 and way above its 52-week low of $53.15.
Apple’s Moving Average
Apple’s value is above its 50-day moving average of $129.37 and way higher than its 200-day moving average of $117.14.
Previous days news about Apple
According to Business Insider on Friday, 22 January, "The investor also spoke of a "frenzy" in stocks then, and described technology companies such as Apple securing trillion-dollar market capitalizations as "the most dramatic thing that’s almost ever happened in the entire world history of finance."
According to Business Insider on Sunday, 24 January, "It’s a competitive market, and even Apple launched its own period-tracking appin 2019."
Wall street analysts expect Apple to set a new milestone by topping $100 billion in holiday quarter sales. According to Business Insider on Sunday, 24 January, "Last summer, Apple made history as the first US-listed company to top $2 trillion in market value. "
According to Business Insider on Sunday, 24 January, "Oracle founder Larry Ellison and late Apple CEO Steve Jobs were friends for 25 years before Jobs’ death in 2011.", "It was Jobs who came up with the idea that Apple should acquire his company, Next, instead. "