Apple stock (NASDAQ:AAPL) was almost completely level during the last week of trading, holding steady over $100. Closing on Friday at $102.26, share prices were down just cents from the open on Monday morning. Compared to the previous week's surge, AAPL is down slightly from its recent high of $103.68. The bulls are still dominating prognostications when it comes to Apple stock, although share prices reflect a wait-and-see attitude. Keep reading for a look at major news that could affect near-term AAPL prices.
Apple stock (NASDAQ:AAPL) opened Monday at $97.14 and surged on Tuesday, closing over $100 for the first time in two months. After continuing to gain, share prices peaked Friday afternoon at 103.68 to finally close the week at $103.01. Overall, AAPL gained +$5.87 (+6.04%) on the week, outperforming the NASDAQ Composite. Analysts are generally bullish when it comes to recommendations. Here are some headlines that may affect AAPL over the coming months.
Apple stock (NASDAQ:AAPL) started the week at $96.27 per share. Prices slumped in Wednesday trading, bottoming out at $93.49 and flirting again with the 52-week low of 92 bucks. AAPL then peaked Friday morning at 97.99 only to fall back and close at 96.91. The big investor-related news last week was Apple's annual shareholder meeting on Friday. Let's take a closer look.
After another lackluster week, Apple stock (NASDAQ:AAPL) opened the Tuesday after President's Day at $94.65. Share prices made a steady climb Tuesday into Wednesday, peaking at $98.25. Thursday brought a slide until AAPL leveled off on Friday, closing the week at $96.04. Overall, in four days of trading Apple stock gained modestly at +$1.39 (+1.47%). As usual, there are several storylines that could affect AAPL in the near term. Let's take a closer look.
Apple stock (NASDAQ:AAPL) stayed in the doldrums last week, with prices remaining under $100. Since the last earnings report, investors have been concerned about iPhone sales. Shares opened Monday at $93.91 and peaked during Wednesday trading at $96.31 only to slide, bottoming out Thursday morning at $92.60. AAPL gained its footing on Friday, closing at $93.99, up eight cents per share over the week for virtually no change.