Spotlight: Apple the Only S&P; 500 Stock to Rise
- Share via
Apple Computer Inc. shares rose 19 cents, or 1.13%, to close at $16.75 on Monday--the only stock in the Standard & Poor’s 500 index that managed a gain. Analysts credited the rise to co-founder Steven Jobs, who was reportedly returning from a Hawaiian vacation after soul-searching walks during which he mulled whether to take Apple’s top job again. “People believe Steve is going to come back and take the job, and they like that,” one analyst said. There was no news on whether Jobs had made up his mind.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
