Apple shares closed at a brand new all-time excessive right now, rising 3.5% to complete the common buying and selling day at $171.18. Shares have additionally gained one other 1% in after-hours buying and selling, touching $173.

aapl all time high 7dec21
Apple’s inventory is up over 32% this 12 months and nearly 14% in simply the previous month, with the corporate reaching a market capitalization of $2.8 trillion.

It is principally been a reasonably regular march upward for Apple shares over the previous a number of months, with solely a few important dips together with one final week following phrase that Apple has warned suppliers of weakening iPhone demand.

Apple’s inventory shortly rebounded from that dip, and right now’s excessive comes as distinguished Morgan Stanley analyst Katy Huberty raised her value goal for Apple’s shares from $164 to $200, citing the potential of augmented actuality and autonomous automobiles for Apple.

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