Published on 24 Jun 2022 on Market Watch
Shares of Apple Inc. rose 2.45% to $141.66 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 3.34% to 11,607.62 and the Dow Jones Industrial Average rising 2.68% to 31,500.68. This was the stock's second consecutive day of gains. Apple Inc. closed $41.28 below its 52-week high ($182.94), which the company reached on January 4th.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. rose 3.41% to $267.70, Alphabet Inc. Cl A rose 5.11% to $2,359.50, and International Business Machines Corp. rose 2.61% to $142.06. Trading volume (88.3 M) remained 9.7 million below its 50-day average volume of 98.0 M.