Apple Takes A Breather After Best One-Day Performance In Years

Apple Inc. AAPL shares are trading lower by $0.59 at $128.16 in Thursday's session. That is just a fraction of its $7.40 gain ($121.35 to $128.75) on the heels of a better-than-expected Q1 report released Tuesday after the close.

After a lower open, it bottomed at $127.78 and began to move higher. The ensuing rally was able to clear Wednesday's close ($128.75), but came up shy of Wednesday's high ($130.49), only reaching $129.39 before drifting back towards the lows for the day.

Its move over $130.00 on Wednesday was the first time it traded in the $130.00 handle since July 2015.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: TechnicalsIntraday UpdateMoversTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!