Apple Inc. stock rises Thursday, still underperforms market


    Shares of Apple Inc.
    AAPL,
    +0.07%

    inched 0.07% higher to $147.06 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
    COMP,
    +0.78%

    rising 0.78% to 14,895.12 and the Dow Jones Industrial Average
    DJIA,
    +0.78%

    rising 0.78% to 35,064.25. Apple Inc. closed $2.94 short of its 52-week high ($150.00), which the company reached on July 15th.

    The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp.
    MSFT,
    +1.05%

    rose 1.05% to $289.52, Alphabet Inc. Cl A
    GOOGL,
    +0.83%

    rose 0.83% to $2,725.03, and International Business Machines Corp.
    IBM,
    +0.01%

    rose 0.01% to $142.77. Trading volume (46.2 M) remained 32.4 million below its 50-day average volume of 78.6 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.



    Source link