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The Apple (AAPL) stock split is finally coming on Monday, 6/9/14. Shares of Apple (AAPL) have exploded higher by 22% since April and are 10% away from a new all time high.
"The Board of Directors has also announced a seven-for-one stock split. Each Apple shareholder of record at the close of business on June 2, 2014 will receive six additional shares for every share held on the record date, and trading will begin on a split-adjusted basis on June 9, 2014."With the Apple (AAPL) closing price of $645.57 the day before the stock split, shares will open up at $92.22 on Monday. Apple (AAPL) would need to rally above $100.77 to hit a new all time high.
Also see - Top Stocks 2014 - Top Stock Gainers 2014
