Apple’s shares hit a nine month high on Monday, closing at $111.77. The gain of 3.54% takes Apple well off the low of $91.50 it hit on June 27th. The stock dropped under $100 back in April after reporting its fiscal Q2 earnings. In that three-month period, Apple sold fewer iPhone units in a quarter on a year-over-year basis for the first time in history. That happened again during the July quarter, but that time the shares gapped open at $102 and have been rising ever since.
With Apple about to launch the iPhone 7 and iPhone 7 Plus on Friday, Wall Street analysts have been bullish … – Source
Apple's shares rally again as analysts weigh in on the new iPhone 7 and iPhone 7 Plus
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