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Aug. 5, 2020, 4:25 p.m. EDT

Apple Inc. stock rises Wednesday, still underperforms market

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Shares of Apple Inc. AAPL inched 0.36% higher to $440.25 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.52% to 10,998.40 and the Dow Jones Industrial Average DJIA rising 1.39% to 27,201.52. This was the stock's sixth consecutive day of gains. Apple Inc. closed $6.30 below its 52-week high ($446.55), which the company achieved on August 3rd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. MSFT fell 0.16% to $212.94, Alphabet Inc. Cl A GOOGL rose 0.39% to $1,479.09, and International Business Machines Corp. IBM fell 0.31% to $125.45. Trading volume (30.0 M) remained 5.7 million below its 50-day average volume of 35.7 M.

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Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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