Why Apple Stock Soared to a New All-Time High Today
Shares of Apple (NASDAQ: AAPL) leapt 10.5% to a new closing high of $425.04 on Friday, following the company's expectation-crushing third-quarter results. Despite a host of coronavirus-related challenges, Apple's revenue jumped 11% year over year to $59.7 billion. Apple's stock hit a record high on Friday.