Apple (AAPL) Just Added Billions To Its Market Cap
Apple shares saw some big gains this week. A 3.5% climb on Wednesday, a 2.4% climb on Tuesday, and a 2.2% gain on Monday.
These three days of gains have added about $50 billion to the company’s market capitalization. The last time Apple saw five straight sessions of gains over 2% was back in April of 2009.
Apple’s iPhone 7 goes on sale this Friday and it looks like investors are pretty optimistic.
Disclaimer: We have no position in Apple Inc. (NASDAQ: AAPL) and have not been compensated for this article.