Apple Inc. stock rises Tuesday, still underperforms market

Shares of Apple Inc.

inched 0.54% higher to $127.83 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index

rising 1.53% to 13,197.18 and the Dow Jones Industrial Average

rising 0.38% to 30,930.52. The stock’s rise snapped a two-day losing streak. Apple Inc. closed $10.96 below its 52-week high ($138.79), which the company achieved on December 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp.

rose 1.78% to $216.44, Alphabet Inc. Cl A

rose 3.29% to $1,784.47, and International Business Machines Corp.

rose 0.49% to $129.02. Trading volume (89.8 M) remained 13.7 million below its 50-day average volume of 103.4 M.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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