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May 26, 2022, 4:31 p.m. EDT

Apple Inc. stock rises Thursday, still underperforms market

MarketWatch Automation

Shares of Apple Inc. (NAS:AAPL) 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 (NASDAQ:COMP) rising 2.68% to 11,740.65 and the Dow Jones Industrial Average (DOW:DJIA) 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. (NAS:MSFT) rose 1.29% to $265.90, Alphabet Inc. Cl A (NAS:GOOGL) rose 1.88% to $2,155.85, and International Business Machines Corp. (NYS:IBM) 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.

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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