NEW YORK – Apple Inc. (NASDAQ: AAPL) shares are experiencing a significant surge in trading today, delighting investors as the tech giant’s stock price pushes towards a key psychological level.
As of 12:04 PM GMT-4 on April 22nd, Apple stock was trading at
6.36, translating to a +3.29% increase for the session so far. The positive momentum marks a strong performance compared to the previous closing price of $193.16.
Trading activity for Apple today shows considerable strength. The stock opened at
200.00**, briefly touching the significant milestone before pulling back slightly. The session’s low stands at $195.97, indicating sustained buying pressure throughout the morning session.
This upward movement further solidifies Apple’s massive market valuation, listed with a market cap figure of 2.99L Cr (notation may vary by source, typically representing trillions USD for Apple). Investors are also noting the company’s Price-to-Earnings (P/E) ratio of 31.72 and its dividend yield of 0.50%.
While today’s price action is notable, AAPL still trades below its 52-week high of $260.09. However, it remains significantly above its 52-week low of $164.93, positioning the stock firmly in the upper half of its annual trading range. Market participants are closely watching if Apple can maintain this momentum and decisively break through the $200 resistance level as the trading day progresses.
