8/31, 5:13 PM (Source: TeleTrader)
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Apple, Tesla extending gains after stock split

Shares of American giants Apple Inc. and Tesla Inc. made very significant gains on Monday after the companies went through a stock split process earlier in the day.

Apple has recently become the first company from the United States that has surpassed $2 trillion market capitalization, facing a four-for-one stock split as one of the most valuable businesses in the world. Meanwhile, Tesla's stocks divided 5-for-1 earlier today, causing the price to jump.

While Apple's stocks surged 3.75% to sell for $129.49 per share at 11:16 am ET, Tesla concurrently skyrocketed 10.51% to trade for $489.98 per share.

Breaking the News / ND