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Sat, Nov 21, 2009 - 02:25 PM EST  —  AAPL: 199.92 (-0.59, -0.29%)  |  NASDAQ: 2146.04 (-10.78, -0.5%)

Apple, other personal computer and hardware stocks surge in late trading
Tuesday, October 28, 2008 - 03:38 PM EST

"The largest PC and hardware stocks saw their shares surge in late trading Tuesday amid a broad market rally spurred on by signs that credit markets could be improving. Among PC stocks, the shares of Apple Inc. (AAPL: 97.70, +5.61, +6.1%) , Hewlett-Packard Co. (HPQ: 33.66, +2.48, +8.0%) and Dell Inc. (DELL: 12.68, +0.94, +8.0%) were all up more than 4%," Rex Crum reports for MarketWatch.

"The tech-heavy Nasdaq Composite Index ($COMPQ: 1,602.11, +96.21, +6.4%) rose more than 62 points, or 4%, to 1,568," Crum reports.

Full article here.

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Oct 28, 08 - 02:56 pm Comment from: Kate

Uh oh, Obama better watch out. America may be starting to dig out of the recent mess before he's been able to benefit from it. Oh no!!
Must be racism.

Oct 28, 08 - 03:04 pm Comment from: macaholic

one day does not a bull market make

Oct 28, 08 - 03:05 pm Comment from: KillBill

Yawn.

Stormy seas mean crests and troughs... but lets be clear we're in a *hit loads of trouble...

Tweedle Dee or Tweedle Dummer

Oct 28, 08 - 03:17 pm Comment from: ABQ Peter

so why, pray tell, did dell go up more than apple? what can possibly be the upside there?

Oct 28, 08 - 04:07 pm Comment from: It's About Time

@ABQ Peter
"so why, pray tell, did dell go up more than apple? what can possibly be the upside there?"

Michael Dell probably purchased his own company's shares, believing they're quite the bargin. smile

Oct 28, 08 - 04:08 pm Comment from: Demon

Just a crest before the fall in the morning.
Market manipulation is king right now.
The Market Drivers are so stormy it doesn't take much to spark a sell-off in the market.

Someone will short Dell or it will have some profit taking tomorrow at some point and drive a sell off in the entire tech sector and then it would be a good time to buy some Apple Stock when the tech sector hits it's daily bottom tomorrow from the sector sell off frenzy that is likely to happen.

Oct 28, 08 - 07:39 pm Comment from: @abq

you're looking at percentage, not dollars. It's a higher percentage because their stock is worth so little.

Oct 29, 08 - 08:14 am Comment from: JoshtheiMacGuy

So what? Stop drinking the Apple Juice and be objective. A good company does not mean a good stock.

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