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Apple Inc. stock underperforms Wednesday when compared to competitors despite daily gains – MarketWatch


Published: Oct. 11, 2023 at 4:32 p.m. ET

Shares of Apple Inc. AAPL inched 0.79% higher to $179.80 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.71% to 13,659.68 and the Dow Jones Industrial Average DJIA rising 0.19% to 33,804.87.

Apple Inc. closed $18.43 short of its 52-week high ($198.23), which the company reached on July 19th.

The…

Shares of Apple Inc.

AAPL

inched 0.79% higher to $179.80 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index

COMP

rising 0.71% to 13,659.68 and the Dow Jones Industrial Average

DJIA

rising 0.19% to 33,804.87.

Apple Inc. closed $18.43 short of its 52-week high ($198.23), which the company reached on July 19th.

The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp.

MSFT

rose 1.23% to $332.42, Alphabet Inc. Cl C

GOOG

rose 1.80% to $141.70, and Alphabet Inc. Cl A

GOOGL

rose 1.80% to $140.55.

Trading volume (47.0 M) remained 13.2 million below its 50-day average volume of 60.2 M.


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



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