Shares of Apple surge after revealing video iPod
Shares of Apple Computer Inc. surged nearly 9 percent Thursday, a day after the company unveiled an iPod that plays video and two days after the company's results disappointed some investors.
Shares of Apple rose $4.49, or 9.12 percent, to $53.74 on Nasdaq, their best day in more than 10 months. In extended trade Tuesday, the stock fell nearly 10 percent as sales of iPods disappointed some investors.
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