Apple Inc. (NASDAQ:AAPL) shares have risen by 3% so far today, the last day of 2012. The rise in the technology company’s shares has been complemented by a rise in the NASDAQComposite (INDEXNASDAQ:.IXIC), and the S&P 500 (INDEXSP:.INX). The rise is unexpected on a day in which Fiscal Cliff negotiations could lead to a renewed recession in the United States. The second half of 2012 has not been brutal by any means, but it certainly has not lived up to the promises set by the move in equities in the first six months of the year. Even with today’s rise, Apple…
On New Years Eve: Apple Gains, Leads Nasdaq, And S&P Upwards
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.