Apple's Share Price Hits $100 [Chart]
Posted August 19, 2014 at 4:42pm by iClarified
Apple's share price has hit $100 for the first time following its 7-for-1 stock split.
The company's stock underwent a 7-for-1 in June, converting a share that closed at $645.57 to seven shares valued at $92.22 on the morning on June 9th.
Currently AAPL is at $100.30 a share which is nearing the company's intraday high.
Apple is widely expected to unveil a new iPhone 6 next month and possibly a new smartwatch by the end of the year. This has analysts boosting price targets as high as $124 for the stock.
Take a look at the chart below!
The company's stock underwent a 7-for-1 in June, converting a share that closed at $645.57 to seven shares valued at $92.22 on the morning on June 9th.
Currently AAPL is at $100.30 a share which is nearing the company's intraday high.
Apple is widely expected to unveil a new iPhone 6 next month and possibly a new smartwatch by the end of the year. This has analysts boosting price targets as high as $124 for the stock.
Take a look at the chart below!