Stock Groups

Apple Hits $3 Trillion Market Cap Again -Breaking

by Mike Robinson

[ad_1]

© Reuters

By Dhirendra Tripathi

Investing.com – Apple stock (NASDAQ:) hit the $3 trillion market cap again Tuesday, following its first surge above the coveted mark in the previous session.

Wedbush predicts the stock reaching $200 per share by 2022. Analyst Daniel Ives has a $225 bull case scenario for Apple, which will give the world’s most valuable company a market cap of $3.69 trillion.

Stock reached a peak of $182.90, before losing some gains on Tuesday. To reach the $3 trillion mark, this 16.40-billion-share company will need a $182.86 share price. It had touched a high of $182.88 Monday and $182.90 today.

According to Refinitiv data Apple makes up nearly 7 percent of the value. This is the highest percentage for any single stock on the index.

 

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are provided by market makers and are therefore not necessarily accurate. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]