Apple Inc. Stock Rises Wednesday, Still Underperforms Market
Shares of Apple Inc. (AAPL) inched 0.18% higher to $167.53 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.41% to 12,431.53 and the Dow Jones Industrial Average rising 0.18% to 32,969.23. The stock's rise snapped a four-day losing streak. Apple Inc. closed $15.41 below its 52-week high ($182.94), which the company reached on January 4th.
The stock outperformed some of its competitors Wednesday, as Microsoft Corp. (MSFT) fell 0.24% to $275.79, Alphabet Inc. Cl A (GOOGL) fell 0.15% to $113.69, and International Business Machines Corp. (IBM) fell 1.12% to $133.23. Trading volume (53.5 M) remained 20.4 million below its 50-day average volume of 73.9 M.
$Apple(AAPL)$$Nasdaq 100 Trust(QQQ)$$SPDR S&P 500 ETF Trust(SPY)$View on SPDR S&P 500 ETF Trust(SPY)
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