Apple stock surges, on pace for its best day since 2020

Posted on AllSides October 28th, 2022
From The Center
Andrew Kelly | Reuters

Apple stock rose more than 7% on Friday after reporting September quarter earnings that modestly beat expectations on revenue and profit and showed global demand for its premium hardware remains high.

If it holds until the close, it’ll be the best day for Apple shares since April 2020. Apple was the second-best performing stock in the Dow Jones Industrial Average behind Intel on Friday.

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