Apple Inc. (AAPL) experienced a slight increase in its stock value on Monday, with shares rising by 0.85% to reach $178.99. This positive trend coincided with a successful trading day for the overall stock market. The NASDAQ Composite Index (COMP) saw a 0.39% increase, closing at 13,484.24, while the Dow Jones Industrial Average (DJIA) rose by 0.59% to finish at 33,604.65.
Notably, this marks the fourth consecutive day of gains for Apple Inc., indicating a positive trajectory for the company’s stock performance. Although the stock closed $19.24 below its 52-week high of $198.23, which was achieved on July 19th, it surpassed some of its competitors on Monday.
In comparison, Microsoft Corp. (MSFT) experienced a 0.78% increase, reaching $329.82, Alphabet Inc. Cl C (GOOG) rose by 0.56% to $139.50, and Alphabet Inc. Cl A (GOOGL) showed a 0.61% increase, closing at $138.42.
Despite these gains, the trading volume for Apple Inc. remained slightly below average. The total trading volume was 42.3 million shares, which is approximately 17.9 million shares lower than its 50-day average volume of 60.2 million shares.
