Apple Stock Boosts Dow After Strong iPhone Sales
Apple stock (AAPL) is leading the Dow today, up 4.3% to $263.18, following positive iPhone 17 sales in the US.
- Evercore added Apple to its "tactical outperform" list, citing the company's potential to report upside.
- Loop Capital upgraded Apple from "hold" to "buy".
Options traders are favoring calls, with 4,931,726 calls and 2,449,264 puts exchanged in the last 10 sessions.
Apple is "well positioned to report upside"
AAPL has consistently appeared on the list of equities with the highest options volume over the past six months.
Author's summary: Apple stock rises after strong iPhone sales.