Company Close Updates

May 17, 2022, 4:31 p.m. EDT

Apple Inc. stock rises Tuesday, still underperforms market

MarketWatch Automation

Shares of Apple Inc. (NAS:AAPL) advanced 2.54% to $149.24 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) rising 2.76% to 11,984.52 and the Dow Jones Industrial Average (DOW:DJIA) rising 1.34% to 32,654.59. Apple Inc. closed $33.70 below its 52-week high ($182.94), which the company reached on January 4th.

The stock outperformed some of its competitors Tuesday, as Microsoft Corp. (NAS:MSFT) rose 2.03% to $266.82, Alphabet Inc. Cl A (NAS:GOOGL) rose 1.77% to $2,329.46, and International Business Machines Corp. (NYS:IBM) rose 2.47% to $138.37. Trading volume (76.0 M) remained 21.7 million below its 50-day average volume of 97.7 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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