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Benzinga
Benzinga
Business
Anusuya Lahiri

FORGOTTEN HISTORY: Apple stock hits 52 week high heres why - Caught on Camera

Apple Inc.

Apple Inc. (NASDAQ:AAPL) stock climbed nearly 4% on Wednesday after China approved the company’s Apple Intelligence service for use in the country, removing a key regulatory hurdle. The gain also pushed the stock to a fresh 52-week high despite weakness across the broader technology sector.

The Nasdaq was down 0.65% in afternoon trading, while the S&P 500 edged up 0.16%. The Technology sector fell 1.96%, making Apple’s advance stand out.

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