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CHART OF THE DAY: Apple's Stock Is Making A Comeback

Aug 21, 2013, 03:21 IST

It's been a disappointing several months for Apple investors.

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For the most part, the stock has been way down year over year. But things started looking peachy again last week when investor Carl Icahn tweeted that he took a large position in Apple. The stock skyrocketed that day and has been steadily climbing since.

The stock has also been on the rise thanks to rumors of a two new iPhone models that will be announced on September 10. There's also been a lot of talk that one of the new iPhones will come in a gold color.

Want to see the real power of Icahn's tweet? Check out Apple's spike on August 13. The stock appears to be on its way back to about $550, where it was at the beginning of the year.

Business Insider

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