Apple’s share price crossed the $300 threshold for the first time, as technology names continued to charge ahead on the heels of last year’s rally.
Shares in Apple closed 2.3 per cent higher to $300.35 on Thursday. The rise coincided with a broader advance on Wall Street on the first day of trading in 2020, following a move by the Chinese central bank to stimulate the country’s economy.
Apple’s advance also came as the company reached an agreement with former HBO chief executive Richard Plepler, who will produce video content for its new streaming service, Apple TV+.
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