Apple Shares Hit $700

iRich

Updated Apr. 21, 2017 3:41PM EDT / Published Sep. 18, 2012 11:16AM EDT

Lukas Barth, DAPD / AP Photo

In case you were wondering, Apple is still doing well. Apple stock hit $700 for the first time, setting a new record for the company. The shares went as high as $701.44 on Tuesday, up a quarter of a percent from Monday’s close, but later fell. The rally put the company’s value at $656 billion—more than any other public company has ever been worth. The news came a day after Apple announced that more than 2 million preorders had been placed for the new iPhone in just 24 hours.

Read it at The Associated Press

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Apple Shares Hit $700

Lukas Barth, DAPD / AP Photo