Apple Stock Remains Steady Ahead of iPhone Event

Apple's stock closed at $324.96 on September 2, after a relatively flat day as investors digested John Ternus's second trading session as CEO of the company.

Ternus officially took over on September 1, succeeding Tim Cook, who moved to executive chairman of the board.

The stock has gained approximately 37.7% over the past year from a 52-week low of $225.95, outperforming the S&P 500's return over the same period.

On September 9, Apple is set to host an iPhone event at its Cupertino headquarters, where it is expected to unveil new iPhone models, including the potential for a foldable device.