Shares of Apple Inc. AAPL, +0.16% inched 0.16% higher to $115.54 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +1.20% rising 1.21% to 11,190.32 and the Dow Jones Industrial Average DJIA, +0.00% rising 0.01% to 27,995.60. This was the stock’s second consecutive day of gains. Apple Inc. closed $22.44 below its 52-week high ($137.98), which the company reached on September 2nd.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. MSFT, +1.64% rose 1.64% to $208.78, Alphabet Inc. Cl A GOOGL, +1.74% rose 1.74% to $1,535.12, and International Business Machines Corp. IBM, +0.28% rose 0.29% to $122.44. Trading volume (181.1 M) eclipsed its 50-day average volume of 172.0 M.
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Apple Inc. stock rises Tuesday, still underperforms market – MarketWatch