Apple Inc. stock outperforms market on strong trading day

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Shares of Apple Inc.
AAPL,
+1.19%
rallied 1.20% to $503.43 Monday, on what proved to be an all-around constructive trading session for the stock market, with the NASDAQ Composite Index
COMP,
+0.60%
rising 0.60% to 11,379.72 and the Dow Jones Industrial Average
DJIA,
+1.35%
rising 1.35% to 28,308.46. This was the stock’s fifth consecutive day of beneficial properties. Apple Inc. hit a brand new 52-week high, surpassing its earlier peak of $499.47, which the corporate reached on August 21st.

The stock demonstrated a blended efficiency when in comparison with a few of its opponents Monday, as Microsoft Corp.
MSFT,
+0.31%
rose 0.31% to $213.69, Alphabet Inc. Cl A
GOOGL,
+0.60%
rose 0.61% to $1,585.15, and International Business Machines Corp.
IBM,
+2.04%
rose 2.05% to $125.68. Trading quantity (85.6 M) eclipsed its 50-day common quantity of 38.7 M.

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

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