Apple Stock Price Jumps 3.3% in Morning Trade, Touches $209.61
AAPL rallies over $6 per share as investor confidence strengthens in early market hours
Apple Inc. (NASDAQ: AAPL) saw a strong start to the trading day on Tuesday, with its stock price climbing 3.30% to $209.61 as of 9:59 a.m. GMT-4. The rise represents a $6.69 gain from the previous close of $202.92, marking a notable boost for the tech giant.
The session began with Apple opening at $205.63 before touching an intraday high of $210.32. The day’s low so far stands at $205.59, showing steady upward momentum in early hours. With this movement, Apple’s market capitalization has reached approximately $3.11 trillion.
Apple’s current P/E ratio is 31.86, and it offers a dividend yield of 0.50%, paying shareholders $0.26 per share quarterly. The stock is now trading well above its 52-week low of $169.21 and moving closer to its 52-week high of $260.10.
Analysts suggest that renewed investor optimism, possibly tied to upcoming product announcements and the overall strength of the tech sector, is helping drive today’s rally. Market participants will be watching closely to see if Apple can maintain this pace throughout the trading session.
