February 24, 2023

Apple Inc. stock rises Thursday, still underperforms market

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Shares of Apple Inc. inched 0.33% higher to $149.40 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.72% to 11,590.40 and the Dow Jones Industrial Average rising 0.33% to 33,153.91. This was the stock’s second consecutive day of gains. Apple Inc. closed $30.21 short of its 52-week high ($179.61), which the company reached on March 30th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. rose 1.30% to $254.77, Alphabet Inc. Cl C fell 0.80% to $91.07, and Alphabet Inc. Cl A fell 0.83% to $90.89. Trading volume (48.3 M) remained 28.2 million below its 50-day average volume of 76.5 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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