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ISurge: Apple Shares Return To $600 For First Time Since October 2012

wochit technology
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May 05, 2014 AT 12:11 PM
Boom times may be returning to the Apple universe. Less than two weeks after shares surged following an announced 7-for-1 stock, Apple stock is reaching levels not seen in a year and a half. On Monday, Apple shares closed at $600.96, up 1.41% on the day. The return to $600 comes after Apple has not only agreed to split its shares (effective June 9), but also after they increased their share buyback and dividend programs to a total capital return of $130 billion.