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Apple Valued at $700 Billion as Shares Reached Their Highest Closing Level Ever

On Monday Apple’s shares closed at $133.29, valuing the company at $700 billion. Fox Business reported: “Apple Inc.’s shares reached their highest closing level ever Monday, as investors bet that the 10th-anniversary iPhone expected later this year will return the world’s most valuable company to renewed momentum after its worst stumble in years. The stock closed at $133.29, topping the prior record close of $133 set in February 2015. The all-time intraday trading high for Apple shares is $134.54, also reached in 2015. That puts Apple’s market value at about $700 billion, which is more than $120 billion ahead of the No. 2 company, Google parent Alphabet Inc.” (foxbusiness.com)

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