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Aug. 9, 2022, 4:31 p.m. EDT

Apple Inc. stock outperforms market on strong trading day

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Shares of Apple Inc. (NAS:AAPL) inched 0.03% higher to $164.92 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) falling 1.19% to 12,493.93 and Dow Jones Industrial Average (DOW:DJIA) falling 0.18% to 32,774.41. The stock's rise snapped a three-day losing streak. Apple Inc. closed $18.02 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 Tuesday, as Microsoft Corp. (NAS:MSFT) rose 0.71% to $282.30, Alphabet Inc. Cl A (NAS:GOOGL) fell 0.57% to $116.63, and International Business Machines Corp. (NYS:IBM) fell 1.14% to $129.47. Trading volume (62.3 M) remained 15.0 million below its 50-day average volume of 77.3 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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