Technology

Apple and Tesla shares spike after stock splits kick in

Apple and Tesla shares spike after stock splits kick in

High-flying shares of Apple Inc and Tesla Inc surged again on Monday as stock splits took effect and attracted more buying from investors. Apple jumped over 4 percent and Tesla rallied 10 percent, elevating the electric car maker's market capitalization to over $440bn, making it more valuable than companies including Walmart and Johnson & Johnson.

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