Been down so long it looks like up to Apple shareholders
FORTUNE -- After one of the longest bear markets in its roller-coaster history, Apple (AAPL) rebounded Monday, closing at $565.73, up $38.05 (7.21%) for the day, while pulling the NASDAQ (+2.21%) and S&P 500 (+1.99%) up along with it.
It was Apple's second best day since 1984 in terms of dollar gains, second only to April 25, 2012, when the stock rose MOREPhilip Elmer-DeWitt - Nov 19, 2012 4:31 PM ET
Having closed at $527.68 Friday, the stock touched $535 before U.S. markets opened
FORTUNE -- After hitting a nine-month low shortly before noon on Friday, Apple (AAPL) shares bounced nearly $22 and closed in positive territory for the first time in a week. Judging from pre-market trading Monday, the stock was getting set to continue its recovery, along with the rest of the market. (S&P futures were up sharply as well.)
UPDATE: Apple MOREPhilip Elmer-DeWitt - Nov 19, 2012 6:24 AM ET
Two theories for Apple's fall, neither of which has to do with fear, uncertainty or doubt
FORTUNE -- Apple's (AAPL) share price briefly touched $505.75 in Thursday's trading -- $200 (28.3%) off its mid-September high.
We needn't spell out here all the reasons that have been put forward over the past two months for why the stock was due for a fall. There's a whole literature of Apple FUD (fear, uncertainty and MOREPhilip Elmer-DeWitt - Nov 17, 2012 11:37 AM ET
Are there are limits to how far Apple's share price can fall?
FORTUNE -- "Run for the hills!" a reader e-mailed yesterday, "because its going to get ugly. $400 by April 2013, $270 by next fall ... almost inevitable."
He continued: "Zabitsky's target of $270 was dead on, just early on the draw."
That's a reference the advice of ACI Research's Ed Zabitsky, who set a price target of $270 a share last MOREPhilip Elmer-DeWitt - Nov 16, 2012 8:35 AM ET
Since hitting $705 in September, Apple has dropped 24%. Will its shares ever bounce?
FORTUNE -- With Apple's (AAPL) share price off sharply from its September highs and seemingly stuck in the mid-$500 doldrums, sell-side analysts with considerably higher price targets (mean: $764) have been busy trying to calm their anxious clients. Excerpts from this week's notes:
RBC Capital's Amit Daryanani: Addressing Top Five Concerns. "In recent weeks we have discussed and MOREPhilip Elmer-DeWitt - Nov 14, 2012 7:08 AM ET
A gathering of hedge fund managers in Manhattan sends the share price on a wild ride.
FORTUNE -- See on the chart at right where Apple's (AAPL) share price dropped to just over $540 shortly after 3 p.m. Wednesday?
That corresponds roughly to when the fund manager pictured above left, DoubleLine Capital's Jeffrey Gundlach, told a room packed with investment managers that he was shorting Apple. "I just wonder how many people will MOREPhilip Elmer-DeWitt - May 17, 2012 8:03 AM ET
There are, in fact, limits to how far the stock can fall
FORTUNE -- Watching Apple's (AAPL) share price see-saw over the past three weeks -- up to $644, down to $555, up to $618, down to $581 -- investors might well wonder whether there's any limit to how high or, more to the point these days, how low the stock can go.
To set some guidelines, we asked Bullish Cross' Andy MOREPhilip Elmer-DeWitt - May 3, 2012 5:45 AM ET
If the stock is going to rebound in advance of earnings, it's running out of time
FORTUNE -- In mid-morning trading Monday, Apple's (AAPL) share price dropped below the technical traders' favorite Maginot lines: the 50-day moving average and the bottom Bollinger Band.
By 10:56 a.m., Apple was trading at $556.64, nearly 13.6% below its April 10 intraday high of $644.
Several indicators suggest that the panic profit taking may be over. Apple MOREPhilip Elmer-DeWitt - Apr 23, 2012 11:22 AM ET
At 12:26 p.m. Eastern, Apple's share price passed Google's for the first time
It is said that one of the reasons Apple (AAPL) hasn't split its stock since 2005 is that Steve Jobs wanted to see his company's share price overtake Google's (GOOG).
If that's true, it's a shame Jobs didn't live to see the screenshot above grabbed by Bullish Cross' Andy Zaky. It shows the moment, time stamped Thursday April 5 MOREPhilip Elmer-DeWitt - Apr 5, 2012 1:01 PM ET
Like the tortoise in Achilles' footrace, they may be perpetually unreachable goals
"There's scant evidence that the stock market itself has paid much if any attention to analysts' price targets in recent years," writes Needham's Charlie Wolf in a note to clients Thursday that raises his own Apple (AAPL) target $80 to $620.
He's got a point. the average target among the two-dozen analysts we sampled on October 19, the day after Apple's MOREPhilip Elmer-DeWitt - Feb 9, 2012 9:14 AM ET
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