Right on the heels of a fresh round of rumors about Apple's autonomous car project, Apple's stock price spiked to a new all-time high today, touching $157.87 per share before pulling back slightly.
The previous all-time intraday high was set back on September 7 at $157.26, and Apple's stock is now up over 21% so far in 2021 and 33% over the past twelve months.
Investors are no doubt looking toward the potential impact of Apple's entry into the massive automobile market, but any launch is still a number of years away, with Apple's rumored target of 2025 reportedly seen as optimistic even by some within the company.
Top Rated Comments
Is Microsoft still the most valuable company today? In market value?
Shares are definitely a keeper. Personally, I add at almost every pullback.