Shares of Apple Inc. /zigman2/quotes/202934861/composite AAPL +0.96% rallied 4.08% to $149.64 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +0.35% rising 3.33% to 12,131.13 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.23% rising 1.76% to 33,212.96. This was the stock's third consecutive day of gains. Apple Inc. closed $33.30 below its 52-week high ($182.94), which the company achieved on January 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +1.28% rose 2.76% to $273.24, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +1.16% rose 4.20% to $2,246.33, and International Business Machines Corp. /zigman2/quotes/203856914/composite IBM +0.33% rose 1.74% to $139.27. Trading volume (90.4 M) remained 8.1 million below its 50-day average volume of 98.5 M.