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Published on 20 Jan 2023 on Market Watch

Apple Inc. stock rises Friday, still underperforms market


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Shares of Apple Inc. advanced 1.92% to $137.87 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 2.66% to 11,140.43 and the Dow Jones Industrial Average rising 1.00% to 33,375.49. This was the stock's second consecutive day of gains. Apple Inc. closed $41.74 short of its 52-week high ($179.61), which the company achieved on March 30th.

The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. rose 3.57% to $240.22, Alphabet Inc. Cl C rose 5.72% to $99.28, and Alphabet Inc. Cl A rose 5.34% to $98.02. Trading volume (79.4 M) eclipsed its 50-day average volume of 77.7 M.

NASDAQ.AAPL price evolution

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