Apple shares hit all-time high at $120 before dropping back
Apple's shares, still enjoying the momentum achieved from an amazing fiscal first quarter earnings report, scored a new all-time high today, peaking at $120. Taking into account a 7 for 1 stock split that took place last summer, the shares hit the equivalent of a $840 pre-split stock price. To put the $120 price in perspective, on June 29th 2007, the day the Apple iPhone launched, the stock was trading at a post split price of $16.66. The shares closed at a post-split price of $32.22 the day before the Apple iPad was launched. Since the death of Apple co-founder Steve Jobs on October 5, 2011, Apple ...Read More>>>>>
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