Apple Inc. stock rises Wednesday, still underperforms market

Shares of Apple Inc.

rallied 1.70% to $115.08 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index

rising 1.88% to 11,364.60 and the Dow Jones Industrial Average

rising 1.91% to 28,303.46. Apple Inc. closed $22.90 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 Wednesday, as Microsoft Corp.

rose 1.90% to $209.83, Alphabet Inc. Cl A

rose 0.56% to $1,459.14, and International Business Machines Corp.

rose 1.72% to $124.07. Trading volume (96.0 M) remained 86.2 million below its 50-day average volume of 182.2 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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