As the U.S. economy continues to recover, investors are flocking to Apple to invest in the booming company’s latest products and services.
According to a report from CMCSA and IDC released Tuesday, Apple has sold nearly 1.2 billion shares of stock in the past two months, making it the company’s most valuable stock, according to a recent study by financial research firm Bespoke Investment Research.
In the U, the Apple shares that have sold the most have been Apple stock, with 1.4 billion shares traded.
In the U.-based countries where Apple is based, the top 10 most valuable stocks in the U-based markets have collectively sold more than 2.4 trillion shares of Apple stock.
While Apple is not the first tech company to gain value, it is the first to do so by selling its own stock.
In a year that saw a string of record quarterly profits for Apple, the company has been hit hard by the Great Recession and the election of Donald Trump.