Shares of Apple Inc. AAPL inched 0.48% higher to $116.59 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.92% to 12,205.85 and the Dow Jones Industrial Average DJIA rising 0.13% to 29,910.37. This was the stock's third consecutive day of gains. Apple Inc. closed $21.39 below its 52-week high ($137.98), which the company achieved on September 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. MSFT rose 0.64% to $215.23, Alphabet Inc. Cl A GOOGL rose 1.30% to $1,787.02, and International Business Machines Corp. IBM rose 0.12% to $124.35. Trading volume (46.2 M) remained 80.1 million below its 50-day average volume of 126.3 M.