Apple Inc. stock rises Monday, outperforms market


Shares of Apple Inc.
AAPL,
+2.38%

rallied 2.39% to $114.96 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
COMP,
+1.86%

rising 1.87% to 11,117.53 and the Dow Jones Industrial Average
DJIA,
+1.50%

rising 1.51% to 27,584.06. This was the stock’s third consecutive day of gains. Apple Inc. closed $23.02 below its 52-week high ($137.98), which the company achieved on September 2nd.

The stock outperformed some of its competitors Monday, as Microsoft Corp.
MSFT,
+0.78%

rose 0.78% to $209.44, Alphabet Inc. Cl A
GOOGL,
+1.36%

rose 1.36% to $1,458.66, and International Business Machines Corp.
IBM,
+2.33%

rose 2.34% to $121.73. Trading volume (136.6 M) remained 45.2 million below its 50-day average volume of 181.8 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