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Why Is It Moving? Looking Into Why Apple's Stock is Trading Higher Today

January 21, 2021 10:25 am
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Why Is It Moving? Looking Into Why Apple's Stock is Trading Higher Today

The Price And Volume Action In Apple's Stock Today

Apple's (NASDAQ:AAPL) stock is trading up 2.57% to a price of $135.09. The stock's volume is currently 28.71 million, which is roughly 26.42% of its recent 30-day volume average of 108.66 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Apple shares are trading higher after Morgan Stanley maintained its Overweight rating and raised its price target from $144 to $152 per share.

Insights On Recent Price Action

The 50-day moving average price of Apple's stock was $124.77 when this article was published. The stock reached a high of $138.79 and a low of $53.15 in the past 52 weeks.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.


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