Apple shares up, down, then up after iPhone 5 event
Apple’s stock had a roller-coaster reaction to the company’s iPhone 5 event today, but ultimately gained several points.
Shortly after 10 a.m. PT when the launch event started, the stock started to climb from a daily low of $657 a share. By 10:30 a.m., the stock had reached $668. But then it lost its steam.
By 1 p.m, not long after the event had ended, the stock had trickled all the way back down to $657. But then further trading after the event boosted the stock back to $669 a share, a gain of almost 10 points for the day.
See CNET’s full coverage of Apple’s iPhone 5 event