Shares of Apple Inc. AAPL, +3.98% rallied 3.99% to $117.32 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +2.70% rising 2.71% to 11,141.56 and the Dow Jones Industrial Average DJIA, +1.59% rising 1.60% to 27,940.47.
Apple Inc. closed $20.66 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. MSFT, +4.25% rose 4.26% to $211.29, Alphabet Inc. Cl A GOOGL, +1.55% rose 1.55% to $1,547.23, and International Business Machines Corp. IBM, +0.86% rose 0.87% to $122.26. Trading volume (171.8 M) eclipsed its 50-day average volume of 168.1 M.