Shares of Apple Inc. (AAPL) experienced a notable increase of 1.45% on Tuesday, reaching a price of $181.82 per share. This positive development coincided with a successful trading session for the overall stock market, as indicated by the NASDAQ Composite Index (COMP) rising by 0.90% to 13,639.86 and the Dow Jones Industrial Average (DJIA) climbing 0.17% to 34,152.60.
Consolidating its recent gains, this marked the second consecutive day of growth for Apple Inc. Following its current performance, the stock closed at $16.41 below its 52-week high of $198.23, which was achieved on July 19th.
Notably, Apple Inc. outperformed several of its competitors during this trading session. Microsoft Corp. (MSFT) observed a positive growth of 1.12% and closed at $360.53, while Alphabet Inc. Cl C (GOOG) rose by 0.72% to reach $132.40 and Alphabet Inc. Cl A (GOOGL) experienced a 0.55% increase, reaching a price of $130.97.
The trading volume for Apple Inc. was also remarkable, reaching 69.7 million shares traded, surpassing its 50-day average volume of 60.1 million shares.