Apple Inc. stock rises Friday, still underperforms market

Shares of Apple Inc.
AAPL,
+0.39%
rallied 1.02% to $148.19 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.07%
rising 1.19% to 14,714.66 and the Dow Jones Industrial Average
DJIA,
+0.76%
rising 0.65% to 35,120.08. This was the stock’s second consecutive day of gains. Apple Inc. closed $3.49 below its 52-week high ($151.68), which the company reached on August 17th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp.
MSFT,
+0.43%
rose 2.56% to $304.36, Alphabet Inc. Cl A
GOOGL,
+1.03%
rose 1.29% to $2,748.59, and International Business Machines Corp.
IBM,
+0.82%
rose 0.79% to $139.11. Trading volume (59.5 M) remained 19.0 million below its 50-day average volume of 78.5 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.

View more information: https://www.marketwatch.com/story/apple-inc-stock-rises-friday-still-underperforms-market-01629491509-828c0a292de8

Articles in category: moneyist
See also  Molson Coors Beverage Co. Cl B stock outperforms competitors despite losses on the day

Leave a Reply

Back to top button