Shares of Apple Inc. AAPL, -0.80% rose 5.39% to $127.79 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, -0.39% rising 3.01% to 13,588.83 and the Dow Jones Industrial Average DJIA, 0.10% rising 1.95% to 31,535.51. This was the stock’s second consecutive day of gains. Apple Inc. closed $17.30 short of its 52-week high ($145.09), which the company reached on January 25th.
The stock outperformed some of its competitors Monday, as Microsoft Corp. MSFT, -0.59% rose 1.96% to $236.94, Alphabet Inc. Cl A GOOGL, 0.59% rose 2.36% to $2,069.66, and International Business Machines Corp. IBM, 0.08% rose 1.52% to $120.74. Trading volume (115.1 M) eclipsed its 50-day average volume of 106.7 M.