Proper on the heels of a recent spherical of rumors about Apple’s autonomous automotive mission, Apple’s inventory worth spiked to a brand new all-time excessive right now, touching $157.87 per share earlier than pulling again barely.

aapl new high 18nov2021
The earlier all-time intraday excessive was set again on September 7 at $157.26, and Apple’s inventory is now up over 21% up to now in 2021 and 33% over the previous twelve months.

Traders are little question wanting towards the potential affect of Apple’s entry into the large vehicle market, however any launch remains to be a variety of years away, with Apple’s rumored goal of 2025 reportedly seen as optimistic even by some inside the firm.

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Thursday October 7, 2021 4:28 am PDT by Sami Fathi

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