Shares of Apple Inc.
inched 0.79% higher to $145.43 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
rising 2.00% to 11,816.32 and the Dow Jones Industrial Average
rising 0.02% to 34,092.96. This was the stock’s second consecutive day of gains. Apple Inc. closed $34.18 below its 52-week high ($179.61), which the company achieved on March 30th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp.
rose 1.99% to $252.75, Alphabet Inc. Cl C
rose 1.56% to $101.43, and Alphabet Inc. Cl A
rose 1.61% to $100.43. Trading volume (76.5 M) eclipsed its 50-day average volume of 74.9 M.