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Explained: Why Redington shares soared 17% after Apples teaser big week ahead

Redington shares surged up to 17% after a teaser from Apple CEO Tim Cook hinted at major product launches next week. With Apple contributing nearly one-third of Redingtons revenue, investor enthusiasm spiked ahead of expected updates to iPhone, iPad and Mac lineups, reinforcing optimism around the distributors growth prospects.

27 Feb 2026 4:46 pm