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Homebrew

03/27/18 9:30 PM

#143329 RE: longmike2 #143326

No, Apple was never a penny stock.

...always remember Apple was to once a penny stock! ...



On December 12, 1980, Apple launched the IPO (initial public offering) of its stock, selling 4.6 million shares at $22 per share with the stock symbol “AAPL” on the NASDAQ market. The shares sold out almost immediately and the IPO generated more capital than any IPO since Ford Motor Company in 1956.