Investors snapped up shares of Net Element Inc. (Nasdaq: NETE) after Apple Inc.'s (Nasdaq: AAPL) introduction of Apple Pay sparked a rally in mobile payment firms. Shares of Net Element more than doubled by jumping $2.32 to $4.05 while Apple stock climbed $2.86 to $100.85.
Apple Pay lifts Net Element
September 10, 2014 at 12:55 PM EDT