Insuring Against Apple Blow-up Just got a lot More Expensive

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Employees cheer and applaud before the opening of the Apple Inc. Omotesando store in Tokyo, Japan, on Friday, June 13, 2014.

Photographer: Tomohiro Ohsumi/Bloomberg

Apple Inc. has reached $700 billion in market value. As investors buy up the stock, some are also hedging their bets.

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