Shares of Apple Inc.
AAPL,
inched 0.73% higher to $173.66 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
COMP,
rising 1.35% to 13,236.01 and the Dow Jones Industrial Average
DJIA,
rising 0.39% to 33,129.55.
Apple Inc. closed $24.57 short of its 52-week high ($198.23), which the company reached on July 19th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp.
MSFT,
rose 1.78% to $318.96, Alphabet Inc. Cl C
GOOG,
rose 2.23% to $136.27, and Alphabet Inc. Cl A
GOOGL,
rose 2.12% to $135.24.
Trading volume (52.7 M) remained 7.0 million below its 50-day average volume of 59.7 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.
Read the full article here
