Apple Inc. stock rises Tuesday, still underperforms market

Apple Inc. stock rises Tuesday, still underperforms market

Shares of Apple Inc. AAPL, +1.53% rose 1.54% to $110.44 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +1.85% rising 1.85% to 11,160.57 and the Dow Jones Industrial Average DJIA, +2.06% rising 2.06% to 27,480.03. The stock’s rise snapped a two-day losing streak. Apple Inc. closed $27.54 short of its 52-week high ($137.98), which the company reached on September 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp. MSFT, +2.02% rose 2.03% to $206.43, Alphabet Inc. Cl A GOOGL, +1.31% rose 1.31% to $1,645.66, and International Business Machines Corp. IBM, +1.10% rose 1.11% to $114.16. Trading volume (106.4 M) remained 50.5 million below its 50-day average volume of 157.0 M.

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