Apple Inc. stock rises Wednesday, still underperforms market

Posted by By News Room 1 Min Read

Shares of Apple Inc.
AAPL,
+0.73%
inched 0.73% higher to $173.66 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
COMP,
+1.35%
rising 1.35% to 13,236.01 and the Dow Jones Industrial Average
DJIA,
+0.39%
rising 0.39% to 33,129.55.

Apple Inc. closed $24.57 short of its 52-week high ($198.23), which the company reached on July 19th.

The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp.
MSFT,
+1.78%
rose 1.78% to $318.96, Alphabet Inc. Cl C
GOOG,
+2.23%
rose 2.23% to $136.27, and Alphabet Inc. Cl A
GOOGL,
+2.12%
rose 2.12% to $135.24.

Trading volume (52.7 M) remained 7.0 million below its 50-day average volume of 59.7 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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