Apple Inc. stock rises Monday, outperforms market


Shares of Apple Inc.
AAPL,
+3.07%

rallied 3.08% to $116.50 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
COMP,
+2.32%

rising 2.32% to 11,332.49 and the Dow Jones Industrial Average
DJIA,
+1.68%

rising 1.68% to 28,148.64. Apple Inc. closed $21.48 short of 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,
+2.03%

rose 2.03% to $210.38, Alphabet Inc. Cl A
GOOGL,
+1.87%

rose 1.87% to $1,482.83, and International Business Machines Corp.
IBM,
+1.19%

rose 1.19% to $122.01. Trading volume (104.2 M) remained 80.8 million below its 50-day average volume of 185.0 M.



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