Apple Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Apple Inc. (AAPL) inched 0.06% higher to $175.16 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.24% to 12,657.90 and Dow Jones Industrial Average falling 0.33% to 33,426.63.
This was the stock's third consecutive day of gains.
Apple Inc. closed $0.99 short of its 52-week high ($176.15), which the company achieved on August 17th.
The stock outperformed some of its competitors Friday, as Microsoft Corp. (MSFT) fell 0.06% to $318.34, Alphabet Inc. Cl C (GOOGL) fell 0.22% to $123.25, and Alphabet Inc. Cl A (GOOGL) fell 0.06% to $122.76.
Trading volume (52.7 M) remained 6.0 million below its 50-day average volume of 58.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2023.
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May 19, 2023 16:32 ET (20:32 GMT)
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