Apple (NASDAQ: AAPL) stock hit yet another new high last week, with shares closing at slightly above $156. The week’s gain puts shares up an impressive 69% in the past 12 months, and up 44% in the past six months alone.
Apple stock’s big gain follows the tech giant’s return to growth a few quarters ago, as well as greater investor confidence in the company’s ability to continue growing its business.
Image source: Apple.