Shares of Apple Inc. (AAPL) experienced a notable increase on Tuesday, rising by 2.18% to reach $184.12. This positive performance coincided with a great trading session for the stock market as a whole.
Overall Market Movement
The NASDAQ Composite Index (COMP) saw a 1.74% rise, closing at 13,943.76. Similarly, the Dow Jones Industrial Average (DJIA) also experienced a growth of 0.85%, reaching 34,852.67.
Continuation of Gains
Apple's stock has been on an upward trend, with Tuesday marking its third consecutive day of gains.
Near 52-Week High
Apple Inc. closed $14.11 below its 52-week high, which the company achieved on July 19th.
In comparison to its competitors, Apple's stock exhibited a mixed performance on Tuesday. Microsoft Corp. (MSFT) showed growth of 1.46% and closed at $328.41. Alphabet Inc. Cl C (GOOG) rose by 2.81%, reaching $135.49, while Alphabet Inc. Cl A (GOOGL) experienced a growth of 2.72% and closed at $134.57.
The trading volume for Apple Inc. was 52.3 million, which is 2.3 million below its 50-day average volume of 54.6 million.