Apple Inc. Stock Rises Wednesday, Still Underperforms Market

3M Co

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MMM 3M Co

AHCO Adapthealth Corp

OPI Office Properties Income Trust

DHC Diversified Healthcare Trust

GNL-A Global Net Lease Inc

PRS Prudential Financial Inc

LEN Lennar Corp

LEG Leggett & Platt Inc

LDP Cohen & Steers Limited Duration Preferred and Income Fund, Inc

LADR Ladder Capital Corp

Industrials : Industrial Conglomerates | Large Cap Value

Company profile

3M Company is a diversified technology company. The Company is a manufacturer and marketer of a variety of products and services. It operates through four segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. Its Safety and Industrial segment include abrasives, automotive aftermarket, closure and masking systems, electrical markets, personal safety, roofing granules, and industrial adhesives and tapes. Its Transportation and Electronics segment includes advanced materials, automotive and aerospace, commercial solutions, display materials and systems, electronic materials solutions, and transportation safety. Its Health Care segment includes health information systems, medical solutions, oral care, and separation and purification sciences. Its Consumer segment includes consumer health and safety, home care, home improvement, consumer bandages, braces, supports and consumer respirators, and stationery and office.

Apple Inc. Stock Rises Wednesday, Still Underperforms Market

4:32 pm ET May 17, 2023 (MarketWatch) Print

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

Shares of Apple Inc. (AAPL) inched 0.36% higher to $172.69 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.28% to 12,500.57 and the Dow Jones Industrial Average rising 1.24% to 33,420.77.

Apple Inc. closed $3.46 short of its 52-week high ($176.15), which the company achieved on August 17th.

The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 0.95% to $314.00, Alphabet Inc. Cl C (GOOGL) rose 1.16% to $121.48, and Alphabet Inc. Cl A (GOOGL) rose 1.11% to $120.84.

Trading volume (57.8 M) remained 491,994 below its 50-day average volume of 58.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 17, 2023 16:32 ET (20:32 GMT)