© Reuters.
Apple Inc.’s shares (NASDAQ:) continued their upward trajectory this Tuesday, rising by 0.28% to close at $170.77. This marks the third consecutive day of gains for the tech giant in a bullish market session that also saw the and rise by 0.48% and 0.38%, respectively.
Apple’s performance notably surpassed that of its competitors. Microsoft Corp .’s stock (NASDAQ:) increased by a smaller margin of 0.24%, while Alphabet (NASDAQ:) Inc.’s Class C (NASDAQ:GOOG) and Class A (NASDAQ:GOOGL) stocks fell by 0.36% and 0.31%, respectively.
Despite this strong performance, Apple’s closing price remains $27.46 below its year-high of $198.23, which was reached on July 19th. Additionally, Apple’s trading volume of 43.5 million shares was lower than its 50-day average of 58.6 million shares, indicating less trading activity than usual for the company’s stock.
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