Shares of Advance Auto Parts Inc. AAP, +1.09% rallied 1.09% to $211.30 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.41% rising 0.41% to 4,363.55 and the Dow Jones Industrial Average DJIA, +0.30% rising 0.30% to 34,416.99. This was the stock’s second consecutive day of gains. Advance Auto Parts Inc. closed $8.82 short of its 52-week high ($220.12), which the company reached on September 27th.
The stock outperformed some of its competitors Wednesday, as O’Reilly Automotive Inc. ORLY, +0.87% rose 0.87% to $612.93, AutoZone Inc. AZO, +0.76% rose 0.76% to $1,663.81, and Genuine Parts Co. GPC, -0.41% fell 0.41% to $123.17. Trading volume (512,063) remained 69,293 below its 50-day average volume of 581,356.