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Why Apple Stock Jumped Today

TheMotleyFool

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Apple (NASDAQ: AAPL) stock beat the market Thursday morning, rising 3% by noon ET compared to a 0.2% increase in the S&P 500. The boost erased some of shareholders' recent losses, and the tech giant is beating the market so far in 2022. Yet the stock is still down roughly 10% since early January.

Thursday's uptick came as investors gained confidence about its fiscal second-quarter earnings report, due out in just a few hours.

Image source: Getty Images.

Source Fool.com

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