Apple Shares Surge to New All-Time High of $199.68, Up 3.5%

Jun 11, 2024, 02:06 PM

Apple Inc. (AAPL) shares have surged to a new all-time high, extending gains by 3.5%. The stock reached $199.68, driven by bullish market sentiment and strong performance metrics. This marks a significant increase from the $160 range earlier this year. The robust performance is attributed to strategic moves by CEO Tim Cook, demonstrating effective corporate leadership. Additionally, AAPL achieved a new 52 week high and saw a Net Options Delta of +4.4M shares. Market rotation saw AAPL rising while Tesla (TSLA) shares declined by 2.79%.