Apple Inc. stock outperforms market on strong trading day

Apple Inc. stock outperforms market on strong trading day

Shares of Apple Inc. AAPL, +3.03% advanced 3.03% to $110.08 Monday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP, -0.13% falling 0.13% to 10,778.80 and Dow Jones Industrial Average DJIA, -1.84% falling 1.84% to 27,147.70. The stock’s rise snapped a three-day losing streak. Apple Inc. closed $27.90 below its 52-week high ($137.98), which the company reached on September 2nd.

The stock outperformed some of its competitors Monday, as Microsoft Corp. MSFT, +1.07% rose 1.07% to $202.54, Alphabet Inc. Cl A GOOGL, -1.44% fell 1.44% to $1,430.14, and International Business Machines Corp. IBM, -2.04% fell 2.04% to $120.25. Trading volume (192.8 M) eclipsed its 50-day average volume of 179.2 M.

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