Apple Inc. stock rises Wednesday, still underperforms market


Shares of Apple Inc.
AAPL,
+3.42%

advanced 3.42% to $156.79 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
COMP,
+4.06%

rising 4.06% to 12,032.42 and the Dow Jones Industrial Average
DJIA,
+1.37%

rising 1.37% to 32,197.59. The stock’s rise snapped a three-day losing streak. Apple Inc. closed $26.15 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 Wednesday, as Microsoft Corp.
MSFT,
+6.69%

rose 6.69% to $268.74, Alphabet Inc. Cl A
GOOGL,
+7.66%

rose 7.66% to $113.06, and International Business Machines Corp.
IBM,
+0.81%

rose 0.81% to $129.12. Trading volume (77.9 M) remained 6.0 million below its 50-day average volume of 83.9 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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