Apple Stock Surges After Strong Earnings Report
Analyst's Optimistic Outlook Contributes to Gains
Stock Reaches Over $172 Per Share
Apple Inc.'s stock soared during mid-afternoon trading on Monday, reaching over $172 per share. This surge helped boost the Dow Jones Industrial Average. The gains follow a positive earnings report and an optimistic outlook from a prominent analyst at Bernstein Societe Generale.
Apple stock often experiences an upward trajectory after earnings announcements. In this instance, shares rose by $25 on Monday. As of 5:30 PM, the stock had gained an additional $68, reaching $184.76. However, it should be noted that the stock closed at $759.35 on Thursday, indicating a slight loss over the past few days.
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