Apple shares see third consecutive day of gains, still short of July’s 52-week high

In a positive market environment on Friday, shares of Apple Inc. (NASDAQ:) advanced by 1.48% to close at $177.49, marking the third consecutive day of gains. Despite this upward trend, the stock price is still $20.74 short of its 52-week high from July 19th, 2023.

On the same day, the , where Apple’s shares are listed, rose by 1.60%. The also experienced growth, increasing by 0.87%.

Other tech giants also saw their stocks rise on Friday. Microsoft Corp .’s (NASDAQ:NASDAQ:) shares rose by 2.47% to close at $327.26. Alphabet (NASDAQ:) Inc.’s Cl C (NASDAQ:GOOG) and Cl A (NASDAQ:GOOGL) shares closed at $138.73 and $137.58 respectively after rising by 2.01% and 1.86%.

However, despite the positive market performance and the increase in Apple’s stock price, the company’s trading volume of 56.4 million remained below its 50-day average of 60 million.

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