Apple Inc. (AAPL) shares are down 0.76% in the current market on Friday and trading at price $451.16.
On Thursday, Apple Inc. (AAPL) advanced 3.49% to $455.61 with the NASDAQ Composite Index COMP rising 1.00% to 11,108.07 and the Dow Jones Industrial Average DJIA rising 0.68% to 27,386.98.
In the wake of the COVID-19 pandemic, this was Apple’s seventh consecutive day of gains. Apple stock also hit a new 52-week high by surpassing its previous peak of $446.55, the company reached on August 3rd.
Apple shares and Walt Disney posted positive growth Thursday afternoon, lifting the Dow Jones Industrial Average into positive territory. The Dow DJIA was most recently traded 162 points, or 0.6%, higher, as shares of Apple Inc and Walt Disney are contributing around 50% of the index’s intraday rally.
Apple stock outperformed some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 1.60% to $216.35, Alphabet Inc. (GOOGL) rose 1.75% to $1,504.95, and International Business Machines Corp. (IBM) rose 0.53% to $126.12. Trading volume (50.0 M) eclipsed its 50-day average volume of 35.8 M.