Shares of Apple Inc.
rose 4.08% to $114.95 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
rising 3.85% to 11,590.78 and the Dow Jones Industrial Average
rising 1.34% to 27,847.66. This was the stock’s second consecutive day of gains. Apple Inc. closed $23.03 short of 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 4.82% to $216.39, Alphabet Inc. Cl A
rose 6.09% to $1,745.85, and International Business Machines Corp.
fell 1.98% to $111.90. Trading volume (136.9 M) remained 18.0 million below its 50-day average volume of 154.9 M.