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A New All-Time High for Apple: $411.50

Published on September 19, 2011
by John Paczkowski

The broader market is mired deep in the doldrums, but you wouldn’t know it to look at Apple.

Shares in the company rose well over 2 percent Monday, sending its stock price as high as $411.50 — well above its all-time high close of $403.41, set back in July.

The spike, which has pushed Apple’s market capitalization beyond $380 billion, is further evidence of the market’s continuing faith in the company after founder Steve Jobs stepped down as CEO in late August.

[Image credit: NASA]

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URL: http://allthingsd.com/20110919/a-new-all-time-high-for-apple-411-50/