Shares of Apple Inc. /zigman2/quotes/202934861/composite AAPL +1.69% rallied 1.20% to $148.56 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +1.02% rising 1.04% to 14,836.99 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.00% rising 0.68% to 35,061.55. This was the stock's second consecutive day of gains. Apple Inc. closed $1.44 short of its 52-week high ($150.00), which the company achieved on July 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +1.28% rose 1.23% to $289.67, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +0.90% rose 3.58% to $2,660.30, and International Business Machines Corp. /zigman2/quotes/203856914/composite IBM +1.25% rose 0.45% to $141.34. Trading volume (70.8 M) remained 10.7 million below its 50-day average volume of 81.5 M.