Apple Inc. stock rises Friday, still underperforms market

Posted by By News Room 1 Min Read

Shares of Apple Inc.
AAPL,
+1.48%
advanced 1.48% to $177.49 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
COMP,
+1.60%
rising 1.60% to 13,431.34 and the Dow Jones Industrial Average
DJIA,
+0.87%
rising 0.87% to 33,407.58.

This was the stock’s third consecutive day of gains.

Apple Inc. closed $20.74 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 Friday, as Microsoft Corp.
MSFT,
+2.47%
rose 2.47% to $327.26, Alphabet Inc. Cl C
GOOG,
+2.01%
rose 2.01% to $138.73, and Alphabet Inc. Cl A
GOOGL,
+1.86%
rose 1.86% to $137.58.

Trading volume (56.4 M) remained 3.6 million below its 50-day average volume of 60.0 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.

Read the full article here