Apple's stock is trading nearly 5 percent higher, with one analyst calling a recent sell-off in shares of the iPhone and iPad maker "insanely insane."
Shares of Apple Inc. rose $25.24, or 4.8 percent, to $552.92 in midday trading Monday. Even with the gain, the stock is down nearly 22 percent from the record high of $705.10 that it hit in September.
Topeka Capital Markets analyst Brian White says the sell-off in the past eight weeks is overdone. He cites new "blockbuster" products for the holiday season -- including the iPad Mini -- as reasons for buying the stock.
Monday's increase is on track to become the biggest one-day gain since May 21, when the stock closed up 5.8 percent at $561.30.
Did You Hear?
Canadian airline WestJet surprised passengers with gifts from their Christmas wish list at the end of their flight.
In the year of the selfie, even three world leaders can get away with the relatively new phenomenon–and at a memorial service, no less.
Jorge Bergoglio of Argentina is known as a humble man, a capable administrator and -- as expected of a new Pope -- a man of great faith.
IKEA is recalling millions of children's lamps following the death of a child who choked on the lamp's cord. Another child was injured.