The stock was up more than 1.8% in pre-market trading
If you were thinking of selling Apple (aapl) short, this might not be a good week to do it, what with analysts raising their share price targets and a big product launch set for Thursday.
After hitting $275 in intraday trading Friday and closing at $274.07 -- its second record high in as many days -- the stock was on the rise again in pre-market trading Monday.
Apple opened on the Frankfurt exchange at $279.76, up 1.81%. It hit a intraday high of 279.01 in New York before skidding south. It closed Monday at $270.17, down 1.5% for the day.
- A good time to bet against Apple?
- Analysts scramble to raise AAPL targets
- Apple hits a new all-time high
[Follow Philip Elmer-DeWitt on Twitter @philiped]