Apple Stock Falls Slightly After Steve Jobs Death
Shares of Apple (AAPL) stock fell .23 percent Thursday to $377.37, just one day after the death of Apple co-founder Steve Jobs, to $377.10.
The company began the day at around $373, down $4.10 from Wednesday's close, and peaked at about $384.69 around mid-day. Shares fell below $372 around 1 p.m. before rebounding to $377 at the market's close.
The Dow Jones industrial average rose 1.67 percent to 11,123.03, keeping consistent with the Nasdaq, which also rose about 1.88 percent to 2,506.82.
Apple was the second-most valuable stock on U.S. markets Thursday, only behind Exxon Mobil (XOM). Shares had risen about 31 percent this year. They fell slightly Aug. 25, the day after Jobs stepped down as Apple CEO to assume the new post of Chairman.
The Cupertino, Calif.-based technology colossus was valued at $351 billion Wednesday. After the close, Apple announced co-founder Jobs, 56, had died of cancer. He was 56.
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