DJ Apple Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Apple Inc. $(AAPL)$ inched 0.31% higher to $255.27 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.98% to 19,764.89 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.
This was the stock's third consecutive day of gains.
Apple Inc. hit a new 52-week high, surpassing its previous peak of $255.00, which the company reached on December 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. $(MSFT)$ fell 0.31% to $435.25, Alphabet Inc. Cl C $(GOOG)$ rose 1.57% to $195.99, and Alphabet Inc. Cl A $(GOOGL)$ rose 1.68% to $194.63.
Trading volume (37.3 M) remained 8.5 million below its 50-day average volume of 45.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2024.
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(END) Dow Jones Newswires
December 23, 2024 16:32 ET (21:32 GMT)
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