Friday, November 22, 2024
Archived Post

Apple’s stock hits a record $500 per share

On Aug. 19, Apple became the he first U.S. company to reach US$2 trillion in value. Now the tech giant’s stock has hit US$500 per share — a new record.

In July, Apple share prices hit $400 per share, a milestone. And in January, stock hi $300, a company record at the time. The $500 market won’t last, however, as a four-for-one stock split will take place at the close of trading on Friday, which will lower Apple’s share price to about $125 (though the company’s overall market value won’t change).

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.