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Apple Stock Went Up By Over 3% As Session Comes To An End Today

Via News Editorial Team

November 30, 2020

Apple Stock Went Up By Over 3%  As Session Comes To An End Today

According to today's article on Bloomberg Quint, "Apple Hires Prominent Venture Capitalist for App Store Role."

Apple has been somewhat immune to the crisis with its shares rising 3.43% to $120.59 at 15:05 EST on Monday, after three sequential sessions in a row of gains. The Nasdaq Stock Market is falling 0.16% to $12,185.90, after four sequential sessions in a row of gains, on what up to now seems, a somewhat negative trend trading session today.

Apple's last close was $116.59, 14.42% below its 52-week high of $137.98.

Apple's sales growth is 15.2% for the ongoing quarter and 24% for the next. The company's growth estimates for the present quarter and the next is 11.2% and 34.4%, respectively.

Year-on-year quarterly revenue growth grew by 1%, now sitting on 274.52B for the twelve trailing months.

Apple's stock is valued at $120.59 at 15:05 EST, way below its 52-week high of $137.98 and way above its 52-week low of $53.15.

Apple's value is above its 50-day moving average of $116.83 and way higher than its 200-day moving average of $105.30.