AAPL hits 52-week low again, makes up for it
In a rollercoaster day on Wall Street, Apple shares closed up a scant $1.07 today, landing at $98.14, after a broad market sell-off this morning related to anxiety surrounding global financial markets.
AAPL once again hit a 52-week low of $87.54 per share around 10:45 Eastern this morning. However, shares regained momentum in a closing-bell rally, finishing up nearly half a percent.
Apple shares bucked the trend of many tech stocks today: Microsoft, Google, Dell, HP, and AT&T all were less fortunate, losing between two and five percent of their value.
Shares were modestly higher in early after-hours trading.
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In a rollercoaster day on Wall Street, Apple shares closed up a scant $1.07 today, landing at $98.14, after a broad market sell-off this...
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How come the Setve's death humour is not mentioned ?!?!?
October 06 2008 at 11:18 PM Report abuse Permalink rate up rate down ReplyCause it's not that funny?
October 07 2008 at 5:33 AM Report abuse Permalink rate up rate down ReplyI agree with all comments suggesting Apple is a bargain right now. I bought at $150 and didn't really care that it was this low since it is a market driven crash and not an Apple stumble. I know it will go back up.
That was yesterday. Today I got a margin call and was essentially forced to sell. Today is a hard day to be an ex-AAPL owner.
tough one ianlive. maybe somehow you'll be able to get back in before the next ride up.
If there were an time to buy Apple, the next few days would be it.
October 06 2008 at 8:15 PM Report abuse Permalink rate up rate down ReplyExcept, Google, Dell, HP, and MSFT didn't lose 50% of their value in one month.
AAPL sure did.
Didn't AAPL close up $1.07 today at $98.14?
October 06 2008 at 7:40 PM Report abuse Permalink rate up rate down ReplyYes it did. I corrected the error. Thanks for the catch!
October 06 2008 at 8:00 PM Report abuse Permalink rate up rate down ReplyHot Apps on TUAW
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