Shares of Apple Inc. /zigman2/quotes/202934861/composite AAPL -0.06% inched 0.33% higher to $161.94 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +0.02% rising 0.44% to 15,845.23 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.38% falling 0.03% to 35,804.38. This was the stock's ninth consecutive day of gains. Apple Inc. closed $3.76 below its 52-week high ($165.70), which the company achieved on November 22nd.
The stock outperformed some of its competitors Wednesday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +2.85% rose 0.07% to $337.91, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +1.81% rose 0.23% to $2,922.40, and International Business Machines Corp. /zigman2/quotes/203856914/composite IBM -1.35% fell 0.05% to $116.73. Trading volume (67.1 M) remained 10.2 million below its 50-day average volume of 77.4 M.