10/28/2022, 10:33 PM (Source: TeleTrader)
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Chart for: Apple

Apple shares record best day in over 2 years

Apple Inc. had one of its biggest single-day gains since April 2020 on Friday, closing 7.56% higher, after a better-than-expected earnings report that was released a day earlier.

Namely, the American multinational technology company saw an 8% increase in its quarterly revenue, which stood at $90.1 billion, beating market estimates.

Apple came in as the second-best performer on the Dow Jones, being beaten only by Intel that finished the Friday session 10.66% higher, and also had one of its best days in over 2 years.

Baha Breaking News (BBN) / AY