Apple Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Apple Inc. (AAPL) inched 0.16% higher to $171.84 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 0.61% to 12,484.16 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
The stock's rise snapped a two-day losing streak.
Apple Inc. closed $4.55 below its 52-week high ($176.39), which the company achieved on May 19th.
The stock outperformed some of its competitors Wednesday, as Microsoft Corp. (MSFT) fell 0.45% to $313.85, Alphabet Inc. Cl C (GOOGL) fell 1.34% to $121.64, and Alphabet Inc. Cl A (GOOGL) fell 1.35% to $120.90.
Trading volume (43.3 M) remained 14.2 million below its 50-day average volume of 57.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 16:32 ET (20:32 GMT)
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