Shares of Apple Inc.
AAPL,
rallied 3.41% to $130.92 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
COMP,
rising 2.56% to 13,067.48 and the Dow Jones Industrial Average
DJIA,
rising 0.69% to 31,041.13. Apple Inc. closed $7.87 below its 52-week high ($138.79), which the company reached on December 29th.
The stock outperformed some of its competitors Thursday, as Microsoft Corp.
MSFT,
rose 2.85% to $218.29, Alphabet Inc. Cl A
GOOGL,
rose 2.99% to $1,774.34, and International Business Machines Corp.
IBM,
fell 0.23% to $128.99. Trading volume (107.9 M) remained 375,559 below its 50-day average volume of 108.3 M.