In a buoyant market atmosphere on Friday, Apple Inc. (NASDAQ:AAPL) witnessed a 1.48% uptick, concluding the trading session at $177.49, signifying the third consecutive day of gains. Despite this positive trend, the stock remains $20.74 below its 52-week high attained on July 19th, 2023.
On the same trading day, the NASDAQ Composite Index, which hosts Apple’s shares, posted a 1.60% increase, while the Dow Jones Industrial Average also experienced an uptick of 0.87%.
Other prominent tech giants also witnessed an upswing in their stock prices on Friday. Microsoft Corp. (NASDAQ:MSFT) saw a notable gain of 2.47%, settling at $327.26. Alphabet Inc.’s Class C (NASDAQ:GOOG) and Class A (NASDAQ:GOOGL) shares concluded at $138.73 and $137.58, respectively, following increases of 2.01% and 1.86%.
Nevertheless, despite the favorable market conditions and Apple’s stock appreciation, the company’s trading volume stood at 56.4 million, slightly below its 50-day average of 60 million.
