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Saybrook Capital /Nc, managed by Luke M. Babcock& Scott R. Hirsch, recently executed a significant transaction involving Apple Inc ((AAPL)). The hedge fund increased its position by 1,440 shares.
Recent Updates on Apple Inc stock
Recent developments for Apple Inc. (AAPL) involve significant geopolitical and regulatory challenges, including the U.K.’s demand for a ‘back door’ to access user data and potential antitrust investigations in China amidst U.S.-China tensions. Despite these challenges, Apple plans to release a more expensive version of its budget iPhone SE. The stock has experienced a year-to-date price performance decline of approximately 7.00%, with a current market cap ranging between $3,419.8 billion and $3,628.3 billion. Hedge funds such as Egerton Capital and Robert Bender & Associates have increased their positions in Apple, indicating ongoing investor interest despite recent hurdles.
More about Apple Inc
YTD Price Performance: -2.21%
Average Trading Volume: 50,445,202
Current Market Cap: $3674.4B
