Apple Stock is Now Over $100 for the First Time after Stock Split

Aug 20 2014, 7:18am CDT | by , in News | Apple

Apple Stock to Rise over $100 Today?
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The Apple Stock passed the $100 milestone yesterday. In pre-market trading AAPL is still trading above $100 today. I

The Apple stock is on a roll the last months. And now after weeks trading in the high nineties it happened. The Apple stock closed over $100 yesterday. In pre-market trading AAPL is trading at $100.55 right now. This marks the first time that the Apple Stock passed the $100 mark for the first time after the 7-to-1 stock split.

Apple split the stock in early June. There was not much movement in June, but the stock started to climb steadily in July. Apple reported solid numbers for Q3 a couple weeks ago that helped fuel the momentum. The upcoming September 9 iPhone 6 presentation should further support the Apple Stock.

It looks like the Apple stock an maintain the 3-digits and continue to rise.

Disclaimer. I own Apple Stock.

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