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A rally in Apple(AAPL Quote) shares helped the company recover some market value it had lost during a multiday selloff in tech stocks that exposed the volatility of tech's highfliers.
Apple shares were recently trading up $15.22, nearly 10%, to $168.98. Shares are still well below their 52-week high of $191.79 reached last Tuesday before losing 20% of their value in the next four trading sessions.
Apple led a tech rally that included other tech stocks such as Google (GOOG Quote), VMware (VMW Quote) and Research In Motion (RIMM Quote), whose shares also suffered steep losses after the rout in tech stocks that started last week. ...
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