Apple Hits $100 a Share for First Time Since Stock Split

Tuesday, 19 Aug 2014 01:48 PM

 

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Apple Inc. returned to the triple-digit zone, hitting $100 for the first time since its seven-for-one stock split in June.

The move also gave the iPad and iPhone maker a market capitalization that topped $600 billion.

The rally in Apple's stock was the single biggest force lifting the S&P 500 and the Nasdaq 100 index on Tuesday.

At midday, Apple was up 1.3 percent at $100.49.


© 2014 Thomson/Reuters. All rights reserved.

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