Stock summary: Apple posted weekly rise of 6.53% after the company collaborates with Alibaba

Apple Inc closed at 244.60 USD as of 7:59 PM GMT-5 on February 14, marking a strong gain of +15.00 USD or 6.53% over the past five days

Advertisement

Apple Inc closed at 244.60 USD as of 7:59 PM GMT-5 on February 14, marking a strong gain of +15.00 USD or 6.53% over the past five days. This significant upward shift came after reports related to Apple’s collaboration with Alibaba to provide AI features for Chinese iPhone users came earlier this week.

Throughout the session, Apple traded within a high of 245.55 USD and a low of 240.99 USD, indicating some intraday volatility. The stock opened at 241.25 USD, suggesting early bullish sentiment that carried through to the close.

In after-hours trading, Apple’s stock ticked up slightly to 244.65 USD, a modest increase of 0.020% or +0.050 USD, indicating continued interest from investors. However Apple’s market capitalization after closing bell stood at 3.68 lakh crore

Advertisement

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