QUICK SPARK: Apple Stock Rises on iPhone Duo Launch at $1,999
Apple unveiled iPhone Duo, its first foldable, at a $1,999 starting price. Shares wiped out a 1% midday loss to trade flat near $316 within the hour.
Apple announced a new fancy foldable phone for $1,999, which got people excited enough that the stock stopped falling and stayed steady. When a company launches a cool new product, it can show that people are interested in what they're building—which is worth watching to see if it actually sells well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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