Why Is Apple Stock Up Today?
Apple stock jumped 2.5% Tuesday while the S&P 500 and Nasdaq both fell, and the reason is a name change at the top: John Ternus is officially CEO.
Overview
Apple Inc (NASDAQ: AAPL) stock is rising today, up 2.5% as of 1:41 p.m. ET, on Tuesday, Sept. 1, 2026, as John Ternus officially takes over for Tim Cook as CEO of the tech giant.
The S&P 500 and Nasdaq Composite are both down, sliding 0.7% and 0.9%, respectively.
Details
Today marks the first time in 15 years that a new CEO takes the reins. Not since Tim Cook stepped into the role, replacing Apple co-founder Steve Jobs, has the iPhone-maker transitioned its chief executive.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.