Big Tech
Apple Shares Close at Record in Latest Sign of Big Tech’s Dominance
- This is the stock’s first record close since January 2022
- Stock nears a $3 trillion valuation following 2023’s surge
An Apple Inc. store in London.
Photographer: Chris Ratcliffe/Bloomberg
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Apple Inc. shares ended at their first all-time high in more than a year on Monday, in the latest sign of how big tech has reclaimed its leadership mantle.
Shares rose 1.6% to end the session at $183.79. This is Apple’s first closing high since January 2022, though it hit an intraday record after it unveiled its Vision Pro mixed-reality headset last week. The day’s gain brings Apple’s 2023 advance above 41%, compared with the 35% gain of the Nasdaq 100 Index.