Apple Inc. shares surged as high as $230 on Friday, putting the stock on course for its first close above its 200-day moving average since early March, according to real-time market data. The rally marks a sharp recovery of almost 30 points from the post-earnings dip recorded earlier in the week. The iPhone maker has climbed about 12%–15% since Monday, a move that would rank as its strongest weekly advance in roughly four years and its best three-day relative performance since 2008. Apple’s strength helped lift major equity benchmarks, with the Dow Jones Industrial Average, Nasdaq Composite and S&P 500 all trading higher as investors rotated back into the megacap stock.
Apple, $AAPL, up nearly 4.5% today. It is up 9% on week. https://t.co/vOzCVCcmpD
$AAPL is +13% in the last 3 days. $IWM is +13% in the last 4.5 years. https://t.co/4eM3HUtqLY
JUST OPENED UP MY SCREEN AND THE FIRST THING I SEE IS APPLE $230 😭 best day since May, up 15% for the week my goodness…Tim Cook is a LEGEND very nice for $AAPL to participate and help the market since $NVDA $META and $MSFT have been doing most of the work this year https://t.co/3gMj8UWwub