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Aug. 6, 2020, 4:25 p.m. EDT

Apple Inc. stock outperforms competitors on strong trading day

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Shares of Apple Inc. AAPL advanced 3.49% to $455.61 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.00% to 11,108.07 and the Dow Jones Industrial Average DJIA rising 0.68% to 27,386.98. This was the stock's seventh consecutive day of gains. Apple Inc. hit a new 52-week high, surpassing its previous peak of $446.55, which the company reached on August 3rd.

The stock outperformed some of its competitors Thursday, as Microsoft Corp. MSFT rose 1.60% to $216.35, Alphabet Inc. Cl A GOOGL rose 1.75% to $1,504.95, and International Business Machines Corp. IBM rose 0.53% to $126.12. Trading volume (50.0 M) eclipsed its 50-day average volume of 35.8 M.

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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.

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