Weekly Recap | Apple +1.24%, closing in on record highs
Weekly Review·
- Apple shares rose 1.24 % this week to close at 347.725 dollars, driven by the official launch of the foldable iPhone Duo which pushed the stock to a record intraday high of 351.73 dollars.
- The company faces mixed market signals as strong institutional coverage and a top industry rating contrast with options hedging activity and analyst consensus price targets sitting 5.6 % below the current price.
- Key catalysts ahead include the fiscal Q4 earnings report scheduled for November 2, 2026, alongside ongoing monitoring of the new device's sales performance and initial quality feedback.