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Apple stock rallies, but remains volatile




Apple CEO Tim Cook delivers the keynote address at the Apple 2012 World Wide Developers Conference (WWDC) at Moscone West on June 11, 2012 in San Francisco, California. Apple unveiled a slew of new hardware and software updates at the company's annual developer conference which runs through June 15.
Apple CEO Tim Cook delivers the keynote address at the Apple 2012 World Wide Developers Conference (WWDC) at Moscone West on June 11, 2012 in San Francisco, California. Apple unveiled a slew of new hardware and software updates at the company's annual developer conference which runs through June 15.
Justin Sullivan/Getty Images

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Apple has long been a Wall Street darling, with shares topping at more more than $700 a piece last year. The stock has been rallying today, but has recently been hovering around $400. 

With more is Paddy Hirsch, senior producer of personal finance at Marketplace.