Shares of Apple Inc. /zigman2/quotes/202934861/composite AAPL -3.47% inched 0.63% higher to $173.19 Monday, 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 +0.81% rising 0.62% to 13,128.05 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.91% rising 0.45% to 33,912.44. This was the stock's second consecutive day of gains. Apple Inc. closed $9.75 below its 52-week high ($182.94), which the company reached on January 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +0.78% rose 0.53% to $293.47, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +1.38% rose 0.33% to $122.08, and International Business Machines Corp. /zigman2/quotes/203856914/composite IBM -0.17% rose 0.69% to $134.93. Trading volume (53.8 M) remained 21.4 million below its 50-day average volume of 75.3 M.