Apple Inc. stock underperforms Wednesday when compared to competitors despite daily gains


Shares of Apple Inc.
AAPL,
+0.96%

inched 0.96% higher to $142.92 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
COMP,
+0.35%

rising 0.35% to 11,361.85 and the Dow Jones Industrial Average
DJIA,
+0.23%

rising 0.23% to 31,037.68. This was the stock’s third consecutive day of gains. Apple Inc. closed $40.02 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,
+1.28%

rose 1.28% to $266.21, Alphabet Inc. Cl A
GOOGL,
+1.16%

rose 1.16% to $2,291.44, and International Business Machines Corp.
IBM,
+0.33%

rose 0.33% to $138.08. Trading volume (73.5 M) remained 24.9 million below its 50-day average volume of 98.4 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.



Source link

Previous articleHolding His Bitcoin Tight: CZ
Next articleThe best Dell monitor prices and deals for July 2022