Apple Inc. stock outperforms market on strong trading day

Shares of Apple Inc.
AAPL,
+8.90%
advanced 8.90% to $146.87 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
COMP,
+7.35%
rising 7.35% to 11,114.15 and the Dow Jones Industrial Average
DJIA,
+3.70%
rising 3.70% to 33,715.37. Apple Inc. closed $36.07 short of its 52-week high ($182.94), which the company achieved on January 4th.

The stock outperformed some of its competitors Thursday, as Microsoft Corp.
MSFT,
+8.23%
rose 8.23% to $242.98, Alphabet Inc. Cl A
GOOGL,
+7.58%
rose 7.58% to $93.94, and International Business Machines Corp.
IBM,
+2.79%
rose 2.79% to $141.23. Trading volume (117.4 M) eclipsed its 50-day average volume of 94.0 M.