Apple stock (AAPL) is on the rise. The stock closed up significantly from the previous close. It opened around $258 and reached a high of $266.29, closing at $263.88, marking a gain of 3.17% (or +$8.10) from the prior close of $255.78. In after-hours trading, it hovered around $264 with minor additional gains. This rebound follows recent sell-offs tied to concerns over AI feature delays (like Siri upgrades) and U.S. FTC scrutiny over Apple News’ leftward slant. Key coverage highlights: • Analysts like Wedbush’s Dan Ives called the prior selloff “unwarranted,” reiterating an outperform rating and $350 price target, emphasizing Apple’s AI potential and upcoming products. • Reports note the stock recovering amid broader market volatility, with positive sentiment from bullish calls offsetting worries about rising memory costs and AI timelines. • Broader headlines mention Apple’s push into AI-powered hardware (e.g., smart glasses, pendants, enhanced AirPods), which may be contributing to renewed investor interest. Overall, today’s performance shows a strong intraday and closing gain, positioning Apple stock as a leader in the tech rebound. MacDailyNews Take: What’s not to love about the profitability of the tag-team combo of Gurman seeding doubt vs. Ives boosterism of Apple stock? Churn that thing like butter and rinse, lather, and repeat! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Apple stock bounces appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. |
Tuesday, February 17, 2026
Apple stock bounces
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