Shares rise 1.6% as firm aims to appear more affordable
By MICHAEL LIEDTKE THE ASSOCIATED PRESS
Posted: June 10, 2014 at 2:39 a.m.
DAVID PAUL MORRIS
Credit: Bloomberg News
Apple Inc., which held its World Wide Developers Conference in San Francisco last week, split its stock Monday for the first time in nine years. The shares closed 1.6 percent higher, at $93.70.
Apple Inc.'s stock split Monday for the first time in nine years, a move designed to make it more affordable to buy shares of the maker of iPhones and iPads.