Question

Look up and report the closing stock price of Apple, Inc., from the previous day. Do...

Look up and report the closing stock price of Apple, Inc., from the previous day. Do you consider the stock to be overvalued? Justify your answer.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

The Share Price of Apple on 27th March is 247.74 USD.

We can say that the stock price is definitely not overvalued since market is clashing because of negative market sentiments due to coronavirus, the stock is falling.

Rather the stock is undevalued because if we look at the last 6 month data then the stock was as high as 319USD, the fall in the price currently is due to the investor sentiment and not due to bad fundamentals of the company.

Therefore, the stockk is undervalued.

Add a comment
Know the answer?
Add Answer to:
Look up and report the closing stock price of Apple, Inc., from the previous day. Do...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT