Apple Stock Opens at Over $300 for the First Time
Posted October 13, 2010 at 11:42am by iClarified
Apple's stock rose to just over $300 this morning for the first time in the company's history.
Apple has passed several stock-related milestones so far this year, including blowing past $200 billion in market capitalization back in March and passing Wal-Mart in market capitalization just a few days later. In April, Apple's stock topped $250 for the first time, and by late May Apple had passed Microsoft to become the second-largest U.S. company by market capitalization, trailing only Exxon Mobil.
Analysts have set a mean price target of $350 on Apple's stock.
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Apple has passed several stock-related milestones so far this year, including blowing past $200 billion in market capitalization back in March and passing Wal-Mart in market capitalization just a few days later. In April, Apple's stock topped $250 for the first time, and by late May Apple had passed Microsoft to become the second-largest U.S. company by market capitalization, trailing only Exxon Mobil.
Analysts have set a mean price target of $350 on Apple's stock.
Read More