AAPL Stock Price Increased Over 4% Intraday: Why It Happened

By Amit Chowdhry ● March 1, 2021
  • The stock price of Apple Inc (NASDAQ: AAPL) increased over 4% during intraday trading. This is why it happened.

The stock price of Apple Inc (NASDAQ: AAPL) increased over 4% during intraday trading as it went from a previous close of $121.26 to a day high of $126.62. Investors appear to be responding to a CNBC report that all of Apple’s 270 U.S. retail stores are now open in some capacity for the first time since they were closed due to the COVID-19 pandemic. 

Apple’s retail stores across the country opened and closed multiple times during the pandemic as restrictive measures were implemented and lifted. But today, Apple had reopened its last remaining closed stores, which were based in locations throughout Texas.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.