Published on 8 Feb 2023 on Market Watch
Shares of Apple Inc. advanced 1.92% to $154.65 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.90% to 12,113.79 and the Dow Jones Industrial Average rising 0.78% to 34,156.69. Apple Inc. closed $24.96 short of its 52-week high ($179.61), which the company reached on March 30th.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. rose 4.20% to $267.56, Alphabet Inc. Cl C rose 4.42% to $108.04, and Alphabet Inc. Cl A rose 4.61% to $107.64. Trading volume (83.0 M) eclipsed its 50-day average volume of 78.0 M.