Stock price

Apple: Five fat fingers before noon Friday. What gives?

March 8, 2013: 11:36 AM ET

With weekly option expirations, trading in Apple tends to get weird at the end of the week

Screen Shot 2013-03-08 at 12.05.43 PM

FORTUNE -- What was the significance of those long red vertical lines in Apple's (AAPL) 60-second chart Friday a.m.? Were they computer glitches? Human error (so-called fat finger trades)? Something more sinister? Your guess is as good as mine.

  • Hedge fund shakes a statement out of Apple. The stock pops.

    The prospect of a piece of Apple's cash hoard warms Wall Street's cold heart

    FORTUNE -- On Thursday morning, Greenlight Capital's David Einhorn -- a billionaire hedge fund manager who controls more than a million shares of Apple (AAPL) -- was all over the cable business news channels promoting his ideas for how the company might reward investors like him with some of the $137 billion in excess cash it has socked away.  (See What MORE

    - Feb 7, 2013 4:42 PM ET
  • Apple soars $38.05, its second highest one-day dollar gain

    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 MORE

    - Nov 19, 2012 4:31 PM ET
  • Apple hits another record high. Up nearly 50% since Jobs died

    Another week, another milestone: AAPL closes at $552, up $6.83 (1.25%) for the day

    A few facts about Apple's (AAPL) record close Monday:

    The day Steve Jobs died, the stock closed at $378.25
    Since Oct. 5, Apple's shares have gained $173.75
    Apple's market cap has grown by $162 billion and now stands at $514.67 billion
    All 30 of Apple's highest closes have been reached this year
    Monday's close was $98.99 higher than close No. 30, set on MORE

    - Mar 12, 2012 5:29 PM ET
  • About Apple's incredible shrinking P/E ratio

    In 2007 it was trading for nearly 50 times earnings. Today it's 10. What happened? 

    Perhaps the most succinct commentary on Leonid Kanopka's naive claim that Apple (AAPL) is a "bubble ready to burst" (see "A few fries short of a Happy Meal") was Nicu Mihalache's plaintive response: "Do you know what P/E is?"

    The price-to-earnings ratio, as every trader knows, is the simplest way to gauge how the market values a company. A high P/E -- MORE

    - Dec 2, 2011 8:28 AM ET
  • Apple flirts with $400

    Resistance was high, but the stock still managed to record a 34-year high

    Apple (AAPL) closed at $398.50, up

    $5.20 (1.32%) for the day
    $83.18 (26.4%) since June 20
    $79.94 (23.5%) for the year and
    $139.22 (53.7%) year over year.

    Barrons' Tiernan Ray notes that the stock hit $400 twice during the day, once shortly before 1:00 p.m. EDT and then again at 2:25.

    Judging from the open interest in Apple weekly calls and puts, Max Pain MORE

    - Jul 25, 2011 4:35 PM ET
  • Apple hits record high $364.92

    After a five months of jagged ups and downs, AAPL overtakes a record set on Feb. 16, 2011

    Investors who stuck with Apple (AAPL) through thick and thin this year got their earthly reward Friday.

    With only two trading days left before what's expected to be yet another boffo earnings report, the stock broke out of its Max Pain trading range and set a new all-time record.

    After hitting an intraday high of MORE

    - Jul 15, 2011 4:07 PM ET
  • Bullish Cross issued a rare 'buy' on Apple Friday

    Not that it has done any good. Shares fell 1.5% that day and opened 0.9% lower on Monday

    We've been following Andy Zaky's posts on Bullish Cross since 2007 and have found, as he likes to remind readers, that he's one of the best independent analysts following Apple (AAPL). His estimates of Apple's quarterly earnings are uncannily accurate. In the years we've been tracking them, they've never failed to beat those MORE

    - Jun 20, 2011 10:46 AM ET
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