Apple Inc. Stock Rises Thursday, Still Underperforms Market

Bath & Body Works Inc

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Consumer Discretionary : Specialty Retail | Mid Cap Value

Company profile

Bath & Body Works, Inc. is an omnichannel retailer. The Company sells merchandise through its Company-operated retail stores in the United States and Canada, and through its Websites and other channels, under the Bath & Body Works, White Barn and other brand names. The Company's international business is primarily conducted through franchise, license, and wholesale partners. It offers a range of fragrances for the body and home, including collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap. Its products are differentiated through a combination of fragrance and packaging. It also sells products under its sub brands, including White Barn and Aromatherapy. Its merchandise is sold through about 1,802 Company-operated stores and e-commerce sites in the United States and Canada, and in 427 stores and 31 e-commerce sites in more than 45 other countries operating under franchise, license, and wholesale arrangements.

Apple Inc. Stock Rises Thursday, Still Underperforms Market

4:33 pm ET May 25, 2023 (MarketWatch) Print

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

Shares of Apple Inc. (AAPL) inched 0.67% higher to $172.99 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 1.71% to 12,698.09 and the Dow Jones Industrial Average falling 0.11% to 32,764.65.

This was the stock's second consecutive day of gains.

Apple Inc. closed $3.40 below its 52-week high ($176.39), which the company reached on May 19th.

The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 3.85% to $325.92, Alphabet Inc. Cl C (GOOGL) rose 2.23% to $124.35, and Alphabet Inc. Cl A (GOOGL) rose 2.13% to $123.48.

Trading volume (55.9 M) remained 1.1 million below its 50-day average volume of 57.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 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 25, 2023 16:33 ET (20:33 GMT)