Apple Inc. stock underperforms Thursday when compared to competitors despite daily gains

Shares of Apple Inc.

inched 0.96% higher to $146.80 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index

rising 0.36% to 14,684.60 and the Dow Jones Industrial Average

rising 0.07% to 34,823.35. Apple Inc. closed $3.20 below its 52-week high ($150.00), which the company achieved on July 15th.

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

rose 1.68% to $286.14, Alphabet Inc. Cl A

rose 0.68% to $2,568.43, and International Business Machines Corp.

fell 0.42% to $140.71. Trading volume (75.3 M) remained 7.2 million below its 50-day average volume of 82.5 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.

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