Apple Stock Soars to Record High on iPhone 17 “Supercycle” Buzz – Will the Rally Last?
Apple Stock Hits Record High on iPhone Buzz Apple’s share price surged to a record peak on Oct. 20 as investors piled in on upbeat news about the iPhone 17 launch. The stock jumped nearly 4%, closing around $262 – a new all-time high that eclipses the previous peak of $259 set last yearappleinsider.com. In intraday trading, AAPL reached as high as ~$264, briefly valuing the company at about $3.9 trillion, the highest ever and putting Apple within striking distance of the unprecedented $4 trillion marktradingnews.comtradingnews.com. This rally marked a sharp sentiment shift for Apple, which until recently had been lagging behind