Published on 4 Oct 2022 on Market Watch
Shares of Apple Inc. rallied 2.56% to $146.10 Tuesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 3.34% to 11,176.41 and the Dow Jones Industrial Average rising 2.80% to 30,316.32. This was the stock's second consecutive day of gains. Apple Inc. closed $36.84 short of its 52-week high ($182.94), which the company reached on January 4th.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. rose 3.38% to $248.88, Alphabet Inc. Cl A rose 3.04% to $101.64, and International Business Machines Corp. rose 3.28% to $125.50. Trading volume (87.2 M) eclipsed its 50-day average volume of 81.6 M.
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