Apple Shares Outperform Microsoft and Alphabet in Upward Trend
Apple’s Shares Continue to Shine
Apple Inc (NASDAQ: AAPL) has had a strong start to the week, with their shares marking their fourth consecutive day of gains. The tech giant’s stocks rose by 0.85% to close at $178.99, outperforming competitors Microsoft (NASDAQ: MSFT) and Alphabet Inc.’s Class C and A shares.
Apple’s Performance Shines Bright
While the NASDAQ saw a moderate increase of 0.39%, and the S&P 500 rose by 0.59%, Apple’s performance stood out. Microsoft’s shares saw an increase of 0.78%, while Alphabet Inc.’s Class C and A shares increased by 0.56% and 0.61% respectively.
Apple’s Closing Price and Trading Volume
Despite this upward trend, Apple’s closing price still remains $19.24 below its 52-week high of $198.23. The trading volume for the day was reported at 42.3 million, significantly lower than its 50-day average by 17.9 million.
Apple Outpaces Competitors in Share Performance
This surge in Apple’s share price comes amidst a robust market environment, with the company outpacing other tech heavyweights in terms of share performance over the past week.
This article was generated by an AI and reviewed by an editor.
