Apple stock jumped nearly 2% to 113.45, a new high, in morning trading on the stock market today, reports Investors.com (http://tinyurl.com/qd7rnvr). In late-morning trading Thursday, Apple stock was trading just below that intraday high.
Apple analysts generally are bullish about the company’s prospects for the holiday shopping season, given the company’s refreshed lineup of iPhones and iPad, the article adds. This is also the first Christmas with premium headphone maker Beats Electronics under Apple ownership.