Apple shares set another new 52-week high to close at $27.68

Last Thursday, Apple Computer (AAPL) set a new 52-week high to close up $1.24, or 5.18%, at $25.16 in heavier-than-usual trading of 11,789,828 share volume. AAPL shares on Friday surged $1.58, or 6.28%, to close with another new 52-week high of $26.74 on fairly massive volume of 27,442,306.

After some profit-taking earlier this week, AAPL has done it again, setting a new 52-week high to close up $0.58, or 2.14%, at $27.68 on heavy trading of 17,982,680 shares.

NASDAQ AAPL quote here.

13 Comments

  1. Oh Sorry. I just bought few shares. I didn’t know that it has this kind of effect ” width=”19″ height=”19″ alt=”smile” style=”border:0;” />

  2. Perhaps this is due to the fact that all the attention from the iPod is causing people to really look at Apple again. No debt, profitability when most others did not show profit, elegant products that just work and have not security issues, etc, etc.

    Whenever someone does not have a knee jerk reaction and really looks into where Macs are at and what they can do today, I think they will end up joining the Mac “cult” ” width=”19″ height=”19″ alt=”grin” style=”border:0;” />

  3. Re: notMCCfr

    if you look at the place where it indicates “Split” it shows where the stock gave out 2 for 1 deals to keep the price down.

    what that means is the stock price without the splits would be equivalent to 4 times the price. in that time frame, the pre-split price was the same as the adjusted after-split price. if it wasn’t split, it would be at about $100 right now.

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