In rising for 11 straight days, Apple’s market cap is nearing $3 trillion.
Apple stock rose for an 11th straight day on Tuesday, which would mark its longest winning streak since 2003.
The rally comes alongside a broader market gain and optimism about ceasefire negotiations between Russia and Ukraine.shares rose on Tuesday, putting them on track to close higher for an 11th straight day, which would mark the longest winning streak of the iPhone era. The company's stock was up more than 1% as of mid-day, wiping out its losses for the year. It's still about 2.8% off its record on Jan. 3, when Apple's market cap hit $3 trillion during the day. As of Tuesday, Apple was worth around $2.9 trillion.
The last time Apple's stock gained for at least 11 straight days was a 12-day streak in 2003, when the company's fastest-growing product was the iPod music player. The first iPhone didn't hit the market until 2007.Download NBC 5 Dallas-Fort Worth
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