Apple Inc. stock rises Wednesday, still underperforms market
Shares of Apple Inc.
inched 0.61% higher to $149.03 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
rising 0.82% to 15,161.53 and the Dow Jones Industrial Average
rising 0.68% to 34,814.39. Apple Inc. closed $8.23 short of its 52-week high ($157.26), which the company achieved on September 7th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp.
rose 1.68% to $304.82, Alphabet Inc. Cl A
rose 1.32% to $2,888.59, and International Business Machines Corp.
rose 0.72% to $137.20. Trading volume (81.6 M) eclipsed its 50-day average volume of 78.4 M.