Stock summary: Apple posted weekly surge of 5.28% as its Q4 earnings reflected revenue growth

Apple Inc closed at 236.00 USD, marking a gain of 11.84 points (5.28%) over the past five days.

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Apple Inc closed at 236.00 USD, marking a gain of 11.84 points (5.28%) over the past five days. As of January 31 at 7:59 PM GMT-5, the stock showed strong upward momentum. However, in after-hours trading, Apple’s stock dipped slightly to 233.92 USD, losing 2.08 points (-0.88%), indicating some profit-taking after the recent gains.

During the session, Apple reached a high of 247.19 USD, demonstrating strong buying interest and bullish sentiment that pushed the stock to its peak. The low of 233.44 USD highlights intraday volatility, as the stock experienced fluctuations before settling at its closing price. The opening price of 247.19 USD suggests that Apple began trading at a strong level before gradually retreating.

With a market capitalization of 3.55L Cr, Apple remains one of the most valuable companies in the world, driven by its dominance in consumer electronics, software, and services. The tech-giant also released its fourth-quarter earnings this week which reflected revenue growth despite a slower rate of iPhone sales. 

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Disclaimer: This article is for informational purposes only and does not constitute any financial advice.