Apple Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Apple Inc. (AAPL) inched 0.17% higher to $137.59 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.03% to 31,261.90 and the NASDAQ Composite Index falling 0.30% to 11,354.62. The stock's rise snapped a two-day losing streak. Apple Inc. closed $45.35 short of its 52-week high ($182.94), which the company reached on January 4th.
The stock outperformed some of its competitors Friday, as Microsoft Corp. (MSFT) fell 0.23% to $252.56, Alphabet Inc. Cl A (GOOGL) fell 1.34% to $2,178.16, and International Business Machines Corp. (IBM) fell 0.91% to $128.48. Trading volume (135.5 M) eclipsed its 50-day average volume of 97.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 20, 2022.
(END) Dow Jones Newswires
May 20, 2022 16:31 ET (20:31 GMT)
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