Apple Inc. stock rises Tuesday, still underperforms market

Shares of Apple Inc.
AAPL,
+0.54%

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
COMP,
+1.53%

rising 1.53% to 13,197.18 and the Dow Jones Industrial Average
DJIA,
+0.38%

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.
MSFT,
+1.78%

rose 1.78% to $216.44, Alphabet Inc. Cl A
GOOGL,
+3.29%

rose 3.29% to $1,784.47, and International Business Machines Corp.
IBM,
+0.49%

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.

Source link

The post Apple Inc. stock rises Tuesday, still underperforms market appeared first on TechFans.