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Why Apple Shares (And Many Apple Suppliers) Jumped on Monday

Apr 06, 2020 - Nasdaq

What happened Shares of Apple (NASDAQ: AAPL) traded 5.7% higher near 1:45 p.m. EDT. The smartphone giant rode a wave of optimism sparked by some good-looking COVID-19 statistics over the weekend, and the iPhone maker's jump also inspired big price increases for many of its leading suppliers of smartphone parts. Radio-signal chipmaker Skyworks Solutions (NASDAQ: SWKS) gained as much as 10%, display technology researcher Universal Display (NASDAQ: OLED) peaked at 9.8%, wireless data security e...