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Apple Shares Close Up 7.21% After Recent Fall-Off - techcrunch.com
Apple’s share price rose considerably today, climbing 7.21 percent during today’s trading to a closing total of 565.73. The climb comes after the company’s stock hit a six-month low last week, hitting the bottom of a 25 percent drop-off since September when it released the iPhone 5. Analysts today expressed the opinion that the gains made today reflected a return to sanity for the stock.
The nearly 40 point gain today returns Apple’s share price roughly to where it was at the beginning of November, which is still a far cry from its September high north of 700. Market cap sits at around $532 billion, down from September’s high of nearly $660 billion, but
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