Apple NASDAQ:AAPL, stock prices july 28 2011 : Nine days after Apple (AAPL) blasted through earnings estimates, the stock is performing better than the market overall -- a sign that about the only thing that can knock the stock down is financial panic.
The stock hit $400 a share on Monday and reached an all-time high of $404.50 on Tuesday before closing at $403.41. The Dow Jones industrials ($INDU) lost nearly 180 points on those two days. On Wednesday, the Dow slumped 199 points, and Apple fell back to $392.59.
Today, Apple is up 1% to $396.48, contributing nearly 3.5 points to the 30-point gain of the Nasdaq-100 Index ($NDX.X). It's up 4.8% from its July 19 close -- before the company released its fiscal-third-quarter profits. The Nasdaq-100 is down very slightly from its July 19 close; the Dow is off about 1.9%.
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