Apple Inc. stock rises Wednesday, still underperforms market


Shares of Apple Inc.
AAPL,
+2.01%

rose 2.01% to $135.43 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
COMP,
+2.50%

rising 2.50% to 11,099.15 and the Dow Jones Industrial Average
DJIA,
+1.00%

rising 1.00% to 30,668.53. This was the stock’s second consecutive day of gains. Apple Inc. closed $47.51 short of its 52-week high ($182.94), which the company achieved on January 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp.
MSFT,
+2.97%

rose 2.97% to $251.76, Alphabet Inc. Cl A
GOOGL,
+2.86%

rose 2.86% to $2,195.29, and International Business Machines Corp.
IBM,
+0.99%

rose 0.99% to $137.06. Trading volume (90.8 M) remained 5.3 million below its 50-day average volume of 96.1 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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