Apple Closes at $348.91, Setting a Second 52-Week High in Eight Days
As seen on the 24/7 Wall St. homepage on October 29, 2026.
Apple just took out its own week-old record, closing at $348.91 for a fresh 52-week high. The $5.1 trillion company has now set a new peak twice in eight days, with no pullback in between.
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Apple closed at $348.91 on October 29, edging past the record it had set just a week earlier on October 22. The prior high had stood for only eight days before it was taken out, with the stock never pulling back in between.
That kind of back-to-back peak behavior, with no intervening dip, reflects sustained buying pressure. Investors who waited for a pullback to add shares did not get one.
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Apple now carries a market capitalization of $5.1 trillion, which underscores how much institutional weight sits behind each incremental move higher. When a company of this size sets consecutive records without retreating, it tends to draw additional momentum-oriented buyers.
The level to track from here is $348.91 itself. As long as Apple holds above its new closing high, the 52-week ceiling is now the floor of the most recent breakout range.
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Mentioned: AAPL