Shares of Apple Inc. /zigman2/quotes/202934861/composite AAPL +1.89% rallied 2.32% to $143.78 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +1.75% rising 2.68% to 11,740.65 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.42% rising 1.61% to 32,637.19. This was the stock's second consecutive day of gains. Apple Inc. closed $39.16 below its 52-week high ($182.94), which the company achieved on January 4th.
The stock outperformed some of its competitors Thursday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +1.26% rose 1.29% to $265.90, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +4.16% rose 1.88% to $2,155.85, and International Business Machines Corp. /zigman2/quotes/203856914/composite IBM -2.48% rose 1.86% to $136.89. Trading volume (90.0 M) remained 8.7 million below its 50-day average volume of 98.8 M.