Published on 22 Nov 2022 on Market Watch
Apple Inc. stock rises Tuesday, outperforms market
Shares of Apple Inc. advanced 1.47% to $150.18 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.36% to 11,174.41 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. Apple Inc. closed $32.76 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 Tuesday, as Microsoft Corp. rose 1.23% to $245.03, Alphabet Inc. Cl A rose 1.52% to $97.05, and International Business Machines Corp. rose 1.65% to $149.10. Trading volume (51.6 M) remained 42.4 million below its 50-day average volume of 94.0 M.