Apple Inc. stock outperforms market on strong trading day – MarketWatch

Shares of Apple Inc.

rallied 1.35% to $116.60 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index

rising 0.64% to 11,431.35 and the Dow Jones Industrial Average

falling 0.80% to 27,463.19. This was the stock’s second consecutive day of gains. Apple Inc. closed $21.38 below its 52-week high ($137.98), which the company achieved on September 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp.

rose 1.51% to $213.25, Alphabet Inc. Cl A

rose 0.92% to $1,598.88, and International Business Machines Corp.

fell 1.48% to $110.56. Trading volume (92.3 M) remained 73.8 million below its 50-day average volume of 166.1 M.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.