Apple Inc. Stock Rises Tuesday, Still Underperforms Market

Bancolombia SA

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CIB Bancolombia SA

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Based in Colombia

Company profile

Bancolombia S.A. (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. The Bank operates through 10 segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore and All other. It delivers its products and services through its regional network comprising Colombia's non-Government owned banking network, El Salvador's financial conglomerate by gross loans, Guatemala's bank, Panama's bank and off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as subsidiaries in Peru. The Bank and its subsidiaries offer Savings And Investment, Ahorro A La Mano, Financing, Mortgage Banking, Factoring, Financial and Operating Leases, Capital Markets, eTrading, Cash Management, Foreign Currency, Bancassurance, Investment Banking and Trust Services.

Apple Inc. Stock Rises Tuesday, Still Underperforms Market

4:32 pm ET May 17, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Apple Inc. (AAPL) advanced 2.54% to $149.24 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 2.76% to 11,984.52 and the Dow Jones Industrial Average rising 1.34% to 32,654.59. Apple Inc. closed $33.70 below its 52-week high ($182.94), which the company reached on January 4th.

The stock outperformed some of its competitors Tuesday, as Microsoft Corp. (MSFT) rose 2.03% to $266.82, Alphabet Inc. Cl A (GOOGL) rose 1.77% to $2,329.46, and International Business Machines Corp. (IBM) rose 2.47% to $138.37. Trading volume (76.0 M) remained 21.7 million below its 50-day average volume of 97.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2022.

(END) Dow Jones Newswires

May 17, 2022 16:32 ET (20:32 GMT)