What Apple Stock Could Mean for Apple TV
Apple has released new information on its stock, with the company’s share price rising by over 10% in the past week.
The stock, which has been steadily rising over the past several months, has seen its price increase by nearly a third this year alone.
Apple’s stock is currently trading at $5,769.49 per share, which is more than double the average price for the year through the end of March.
The company’s stock was up more than 4% in March alone, according to FactSet data.
Apple shares have also seen a surge in the stock price of the German mobile-phone manufacturer.
The stock price increased by almost a third in March, according a Reuters analysis of market data.
The latest rise in Apple stock price comes as Apple has been experiencing some of its most severe price declines in its history.
In the wake of Apple’s earnings call, analysts have suggested that the company is on the verge of being sold, but the company has consistently denied the suggestion.
“The stock price was up over 50% over the first two months of the year, and it has increased more than 50% this year,” said Jefferies analyst Brian Manzullo in a note to clients.
“The company has been under pressure for several quarters, but is likely to be able to weather the storm in the coming quarters.