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Apple Inc. stock outperforms market on strong trading day

MarketWatch logo MarketWatch 1/12/2022 MarketWatch Automation
© Terrence Horan

Video: Why Apple's $3 trillion market cap is justified: Investor (CNBC)

Why Apple's $3 trillion market cap is justified: Investor

Shares of Apple Inc. inched 0.26% higher to $175.53 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.23% to 15,188.39 and the Dow Jones Industrial Average rising 0.11% to 36,290.32. This was the stock's fourth consecutive day of gains. Apple Inc. closed $7.41 below its 52-week high ($182.94), which the company achieved on January 4th.

The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. rose 1.04% to $318.27, Alphabet Inc. Cl A rose 1.21% to $2,828.61, and International Business Machines Corp. rose 0.54% to $133.59. Trading volume (72.7 M) remained 21.8 million below its 50-day average volume of 94.5 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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