Apple Inc. stock rises Thursday, still underperforms market

Shares of Apple Inc.

inched 0.90% higher to $116.85 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index

rising 1.42% to 11,326.51 and the Dow Jones Industrial Average

rising 0.13% to 27,816.90. This was the stock’s second consecutive day of gains. Apple Inc. closed $21.13 short of its 52-week high ($137.98), which the company achieved on September 2nd.

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

rose 1.01% to $212.46, Alphabet Inc. Cl A

rose 1.52% to $1,487.90, and International Business Machines Corp.

fell 0.48% to $121.09. Trading volume (114.9 M) remained 68.8 million below its 50-day average volume of 183.7 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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