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Sat, Jul 04, 2009 - 02:16 PM EDT  —  AAPL: 140.02 (-2.81, -1.97%)  |  NASDAQ: 1796.52 (-49.20, -2.67%)

Apple shares briefly touch $200
Friday, December 14, 2007 - 02:53 PM EDT

Earlier today in NASDAQ trading, shares of Apple Inc. hit a new all-time high of $200.00 even.

The stock has since settled to $191.19, down $0.64, or 0.33% from yesterday's close of $191.83.

Apple shares are on a bit of a roller coaster ride today with today's low sitting at $189.54 and that high we mentioned of $200.

Apple's 52 Week Low stands at $76.77 and the company currently has a Market Value of $166,266,662,790.

Apple Inc. (AAPL) quote via NASDAQ (15-minute delay) here.

[Attribution: Blackfirars' Marketing. Thanks to MacDailyNews Reader "Gunboat Smith" for the heads up.]

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Dec 14, 07 - 03:54 pm Comment from: Missy Pants

200 is the new 300.

Dec 14, 07 - 03:56 pm Comment from: bilbo faggins

and 300 is the new Gladiator



WACKITY - SMACKITY - DOOO

Dec 14, 07 - 04:03 pm Comment from: clarkkent

Why does this $200 price not show up on the Intraday chart at Nasdaq? It doesn't even show anything above $193 or so.

Dec 14, 07 - 04:04 pm Comment from: party pooper

The money was worth more a year ago, and more a year before that. R U comparing Apples to Oranges again?

Dec 14, 07 - 04:05 pm Comment from: pDK

yes, where is it on the intraday? not showing up...

Dec 14, 07 - 04:05 pm Comment from: Predrag

That $200 price was a consequence of a single, large transaction where 150,000 shared (for $30 million) changed hands in one single block. Since today's volume is rather low, the buyer couldn't find a single seller to deliver the whole lot, so he/she upped the bid to encourage someone to unload. This transaction was followed by a number of smaller lower bids, indicating that the person who ended up on the receiving end of those $30m went around and bought his/her 150,000 shares back in smaller lots, for less money.

Nonetheless, an all-time intra-day high was nailed on at $200, and that's a psychological barrier that may motivate many others to think more positively about buying below $200.

Dec 14, 07 - 04:07 pm Comment from: clarkkent

so why doesnt the high water mark show up on the chart?

Dec 14, 07 - 04:10 pm Comment from: TowerTone

I briefly touched $200.00 once.
Once.

Dec 14, 07 - 04:10 pm Comment from: Mike

whooohoo...on the road to $600

Dec 14, 07 - 04:10 pm Comment from: Jackson

It does show up, have a look here.............

http://finance.yahoo.com/q?s=aapl

Dec 14, 07 - 04:15 pm Comment from: clarkkent

It does not show up on the chart. The chart should show a spike to $200. It doesn't. Whatever happened was very strange. Why would someone pay a 5% premium? Why not break the purchase into smaller chunks at the lower/real price? The Apple stock attracts a lot of strange game players who seem to like manipulating the stock more than investing in the company.

Dec 14, 07 - 04:18 pm Comment from: ApplePi

can someone please tell me when this is gonna split so That I can make even more money please!!!!

thank You!

-Pi

Dec 14, 07 - 04:19 pm Comment from: Buster

My wife let me spend $200 once.

Dec 14, 07 - 04:24 pm Comment from: TowerTone

So, Buster, what did you buy her?....

Dec 14, 07 - 04:29 pm Comment from: Scott

ApplePi,

Splits do absolutly nothing for a stock. Actually, there has been research to prove that it might hurt a stock to split. Warren Buffett never splits his stock and it's doing quite well. If you own AAPL, you shouldn't really be hoping for a split. The higher the price, the less volitile the stock will be.

Dec 14, 07 - 04:33 pm Comment from: auren

"ApplePi,

Splits do absolutly nothing for a stock. Actually, there has been research to prove that it might hurt a stock to split. Warren Buffett never splits his stock and it's doing quite well. If you own AAPL, you shouldn't really be hoping for a split. The higher the price, the less volitile the stock will be."

Thanks for explaining that, I never thought of it that way before.

Dec 14, 07 - 04:36 pm Comment from: rush

never hit 200 matardo ..... rush is right always

Dec 14, 07 - 04:36 pm Comment from: Thisson

The $200 price doesn't show up on any other intraday trading ranges that I've checked (e.g. quote.com).

Maybe it was an off-exchange transaction that was reported for quotation somehow? I don't know if Nasdaq does that but other exchanges have these "X" trades (e.g. the NY Mercantile Exchange has it).

Dec 14, 07 - 04:38 pm Comment from: Yours Smugly

And Beowulf is the new 300. "Madness? I AM BEOWULF!!!"

Dec 14, 07 - 04:40 pm Comment from: iMat

@TowerTone

Apple stock?.. what more can a woman want?

Dec 14, 07 - 04:41 pm Comment from: Darth Mac

Do you really believe Apple is gonna be $300 and more? A lot more needs to get done first...

Dec 14, 07 - 04:47 pm Comment from: wannabe

It's probably just a mistake. Happens all the time.

Dec 14, 07 - 04:48 pm Comment from: Demon

Look at NASDAQ Info Quote here for AAPL's 200.00 High today

Dec 14, 07 - 04:53 pm Comment from: Pete

$200 to touch my briefs?

Dec 14, 07 - 04:54 pm Comment from: TowerTone

"Apple stock?.. what more can a woman want?"

Well, it rhymes with stock....

Dec 14, 07 - 05:00 pm Comment from: Ampar

Pete: But only briefly. Waist not, want not.

Dec 14, 07 - 05:06 pm Comment from: Groovedaddy

It was a bad tick... 200 did not happen - it will soon though!
Have a great weekend.
G

Dec 14, 07 - 05:07 pm Comment from: Blackhawk

Towertone

"Apple stock?.. what more can a woman want?"

Well, it rhymes with stock....

A big Clock!

Dec 14, 07 - 05:16 pm Comment from: TowerTone

"A big Clock!"

Yes, and a tall, swingin' grandfather, at that.....

Dec 14, 07 - 05:20 pm Comment from: raneka

that $200 of today looks like a bad print on the interday chart. Sorry guys.

Dec 14, 07 - 05:21 pm Comment from: raneka

oops....I meant in the "intraday" chart.

Dec 14, 07 - 05:59 pm Comment from: Ampar

Monadnock, rimestock, shamrock, cornstalk?

Am I close?

Dec 14, 07 - 06:08 pm Comment from: ApplePi

That's funny. I don't own Apple Stock yet. However, I am considering buying some soon.

Dec 14, 07 - 07:35 pm Comment from: Jim - TIV

TT and Ampar...

no... it's a 9mm glock. Nothing says Merry Christmas to your honey like a gun under the tree.

Dec 14, 07 - 11:42 pm Comment from: @Ampar

"Cornstalk" was pretty close.

But seriously, he obviously meant a flock of geese. Like on the sixth day of Christmas.

Dec 16, 07 - 07:41 pm Comment from: ChrissyOne

I could use a new Wok.

Dec 16, 07 - 09:55 pm Comment from: doc

All it takes is a little faith, trust, and Pixie dust!

Dec 17, 07 - 06:15 pm Comment from: don

Scottrade Elite says it did go to 200.

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