Apple Inc. stock rises Friday, still underperforms market


    Shares of Apple Inc.
    AAPL,
    +0.51%

    inched 0.51% higher to $173.07 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index
    COMP,
    +0.59%

    rising 0.59% to 14,893.75 and the Dow Jones Industrial Average
    DJIA,
    -0.56%

    falling 0.56% to 35,911.81. Apple Inc. closed $9.87 below its 52-week high ($182.94), which the company reached on January 4th.

    The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp.
    MSFT,
    +1.77%

    rose 1.77% to $310.20, Alphabet Inc. Cl A
    GOOGL,
    +0.64%

    rose 0.64% to $2,789.61, and International Business Machines Corp.
    IBM,
    -0.41%

    fell 0.41% to $134.21. Trading volume (78.7 M) remained 17.6 million below its 50-day average volume of 96.3 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 articleRTX 3090 Ti production paused over BIOS and hardware snags – and that’s fine by us
    Next articleGoogle’s Pixel 6 issues are causing a crisis of trust