Apple Inc. stock outperforms market on strong trading day

Shares of Apple Inc.

advanced 1.34% to $127.90 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average

rising 0.05% to 33,446.26 and the NASDAQ Composite Index

falling 0.07% to 13,688.84. This was the stock’s fifth consecutive day of gains. Apple Inc. closed $17.19 short of its 52-week high ($145.09), which the company reached on January 25th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp.

rose 0.82% to $249.90, Alphabet Inc. Cl A

rose 1.35% to $2,239.03, and International Business Machines Corp.

rose 0.53% to $134.93. Trading volume (82.3 M) remained 23.4 million below its 50-day average volume of 105.8 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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