Someone gobbled up a ton of Apple Friday — updated

Nearly 96 million shares traded hands, according to NASDAQ, the largest one-day volume since 2015.

shares traded

Source: YCharts. Click to enlarge. Note: NASDAQ, YCharts, Bloombarg and Yahoo Finance all show different volumes.

My take: As near as I can tell, the value of the shares traded Friday—more than $20 billion—was an all-time record. Who was buying as the stock was falling? I’ll give you two guesses.

UPDATE: Here’s why Apple’s volume spiked on Friday

6 Comments

  1. HAZEM El-Refaey said:

    The Saudis, Warren buffet ..,.anyone with common sense who anticipates Apple- Disney merge and the emergence of a giant in media and TV !

    0
    September 23, 2018
  2. Gregg Thurman said:

    Funds with tech charter selling amazon, Facebook and google, then buying apple

    I’m concerned that despite share volume (buyers) AAPL dropped. Sellers out numbered buyers

    Hopefully Monday turns the tide favorable

    0
    September 23, 2018
  3. David Drinkwater said:

    Apple and Buffett.

    Not sure those aren’t peaches in the photo, though.

    0
    September 23, 2018

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