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Published on 9 Sep 2022 on Market Watch

Apple Inc. stock rises Friday, still underperforms market


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Shares of Apple Inc. advanced 1.88% to $157.37 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 2.11% to 12,112.31 and the Dow Jones Industrial Average rising 1.19% to 32,151.71. Apple Inc. closed $25.57 short of its 52-week high ($182.94), which the company reached on January 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. rose 2.30% to $264.46, Alphabet Inc. Cl A rose 2.09% to $110.65, and International Business Machines Corp. rose 0.56% to $129.19. Trading volume (67.6 M) remained 2.8 million below its 50-day average volume of 70.4 M.

NASDAQ.AAPL price evolution

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