Apple Stock Hits Record, on Cusp of $3 Trillion Market Value

Apple Stock Hits Record, on Cusp of $3 Trillion Market Value
The Apple logo at the Apple Store on Fifth Avenue in New York on June 17, 2015. Eric Thayer/Getty Images
Reuters
Updated:

Apple’s stock climbed to a record high close on Wednesday and was on the cusp of a $3 trillion market capitalization.

The iPhone maker’s stock rose 0.6 percent to end the day at $189.25, putting Apple’s market value at $2.98 trillion, according to Refinitiv data. It was the second straight record high close for Apple’s shares.