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Robust Demand for iPhone 17 Propels Apple's Stock Price Up by Over 4%, Marking a New Annual High
6 day ago /
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Author：小编
On September 22 (local time), Apple Inc. delivered a stellar performance on the U.S. stock market. Throughout the trading day, its stock price soared by 4.31%, ultimately closing at $256.08 and setting a new yearly high. As a result, the company's market capitalization ballooned to nearly $4 trillion, with the stock price rebounding by over 25% from its low point at the start of the year. This remarkable surge was largely driven by the market's demand for the iPhone 17 series, which far exceeded expectations. On the same day, the esteemed investment bank Wedbush revised Apple's target price upward, from $270 to $310, suggesting a potential 22% increase from the current stock price.
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