Apple Inc. stock outperforms market on strong trading day

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Shares of Apple Inc.
AAPL,
+2.99%
advanced 3.00% to $115.36 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
COMP,
+1.87%
rising 1.87% to 11,056.65 and the Dow Jones Industrial Average
DJIA,
+1.18%
rising 1.18% to 27,993.33. The stock’s rise snapped a two-day losing streak. Apple Inc. closed $22.63 short of its 52-week high ($137.98), which the company achieved on September 2nd.

The stock outperformed some of its competitors Monday, as Microsoft Corp.
MSFT,
+0.67%
rose 0.68% to $205.41, Alphabet Inc. Cl A
GOOGL,
-0.45%
fell 0.46% to $1,508.83, and International Business Machines Corp.
IBM,
+0.51%
rose 0.52% to $122.09. Trading volume (137.6 M) remained 34.0 million below its 50-day average volume of 171.6 M.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

After this week, investors should sit Nikola’s ‘fun ride’ out at least until the revenues roll in.

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SOURCE: https://www.w24news.com/news/apple-inc-stock-outperforms-market-on-strong-trading-day/?remotepost=275179

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