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While the NASDAQ saw a moderate increase of 0.39%, and the Dow Jones Industrial Average rose by 0.59%, Apple’s performance was notably stronger. Microsoft’s shares saw an increase of 0.78%, while Alphabet Inc.’s Class C and A shares increased by 0.56% and 0.61% respectively.
Despite this upward trend, Apple’s closing price still remains $19.24 below its 52-week high of $198.23. The trading volume for the day was reported at 42.3 million, which is significantly lower than its 50-day average by 17.9 million.
This surge in Apple’s share price comes amidst a robust market environment, with the company outpacing other tech heavyweights in terms of share performance over the past week.
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