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May 27, 2022, 4:31 p.m. EDT

Apple Inc. stock outperforms competitors on strong trading day

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Shares of Apple Inc. (NAS:AAPL) rallied 4.08% to $149.64 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) rising 3.33% to 12,131.13 and the Dow Jones Industrial Average (DOW:DJIA) rising 1.76% to 33,212.96. This was the stock's third consecutive day of gains. Apple Inc. closed $33.30 below its 52-week high ($182.94), which the company achieved on January 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. (NAS:MSFT) rose 2.76% to $273.24, Alphabet Inc. Cl A (NAS:GOOGL) rose 4.20% to $2,246.33, and International Business Machines Corp. (NYS:IBM) rose 1.74% to $139.27. Trading volume (90.4 M) remained 8.1 million below its 50-day average volume of 98.5 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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