Apple Inc. stock rises Friday, still underperforms market

Apple Inc. stock rises Friday, still underperforms market

Shares of Apple Inc. AAPL, +0.22% inched 0.22% higher to $121.26 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +0.56% rising 0.56% to 13,192.34 and the Dow Jones Industrial Average DJIA, -1.50% falling 1.50% to 30,932.37. The stock’s rise snapped a four-day losing streak. Apple Inc. closed $23.83 below its 52-week high ($145.09), which the company achieved on January 25th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. MSFT, +1.48% rose 1.48% to $232.38, Alphabet Inc. Cl A GOOGL, +0.30% rose 0.30% to $2,021.91, and International Business Machines Corp. IBM, -2.89% fell 2.89% to $118.93. Trading volume (159.4 M) eclipsed its 50-day average volume of 106.6 M.

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