Stock summary: Apple posted weekly rise of 1.80% amid release of new low cost iPhone

Tech-giant Apple Inc stock closed at 245.55 USD, gaining 4.33 USD (1.80%) over the past five days.

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Tech-giant Apple Inc stock closed at 245.55 USD, gaining 4.33 USD (1.80%) over the past five days. This boost in the stock came after the tech company unveiled new low cost iPhones consisting of AI features to boost the company’s sales.

On February 21 at 7:59 PM GMT-5, the stock remained relatively stable, reaching a high of 248.69 USD and a low of 245.22 USD during the session. It opened at 245.95 USD, showing slight early strength before settling into its daily range. 

However, in the after-hours trading, the stock saw a small decline of 0.55 USD (0.22%), bringing its price to 245.00 USD. With a market capitalization of 3.69LCr, Apple continues to remain a key player in the global market.

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