Shares of Apple Inc. /zigman2/quotes/202934861/composite AAPL -2.11% rallied 2.56% to $146.10 Tuesday, 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 -0.59% rising 3.34% to 11,176.41 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.0091% rising 2.80% to 30,316.32. This was the stock's second consecutive day of gains. Apple Inc. closed $36.84 short of its 52-week high ($182.94), which the company reached on January 4th.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT -0.59% rose 3.38% to $248.88, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL -0.90% rose 3.04% to $101.64, and International Business Machines Corp. /zigman2/quotes/203856914/composite IBM +0.21% rose 3.28% to $125.50. Trading volume (87.2 M) eclipsed its 50-day average volume of 81.6 M.