Shares of Apple Inc. (AAPL) experienced a notable gain, rising 1.92% to reach $187.65 on Wednesday. This positive performance came as part of an overall great trading session for the stock market. The NASDAQ Composite Index (COMP) saw a 0.54% increase, closing at 14,019.31, while the Dow Jones Industrial Average (DJIA) rose by 0.11%, ending the day at 34,890.24.
Continuing the Winning Streak
Apple Inc.’s stock has now seen gains for four consecutive days, signaling a consistent pattern of growth in recent times.
Approaching 52-Week High
With Wednesday’s rise in stock price, Apple Inc. closed at $10.58 below its 52-week high of $198.23, which was reached on July 19th.
Outperforming Competitors
In comparison to its rivals, Apple Inc. had a stronger performance on Wednesday. Microsoft Corp. (MSFT) saw a modest increase of 0.12%, reaching $328.79. Alphabet Inc. Cl C (GOOG) also experienced a rise of 1.06%, closing at $136.93, while Alphabet Inc. Cl A (GOOGL) gained 0.97% and ended the day at $135.88.
Impressive Trading Volume
The trading volume for Apple Inc. stood at 60.5 million shares, surpassing its 50-day average volume of 53.7 million shares.
