Apple Inc. stock underperforms Wednesday when compared to competitors


    Shares of Apple Inc.
    AAPL,
    -0.14%

    shed 0.14% to $172.55 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
    COMP,
    -0.11%

    falling 0.11% to 14,124.09 and Dow Jones Industrial Average
    DJIA,
    -0.16%

    falling 0.16% to 34,934.27. The stock’s fall snapped a two-day winning streak. Apple Inc. closed $10.39 short of its 52-week high ($182.94), which the company achieved on January 4th.

    The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp.
    MSFT,
    -0.12%

    fell 0.12% to $299.50, Alphabet Inc. Cl A
    GOOGL,
    +0.83%

    rose 0.83% to $2,754.76, and International Business Machines Corp.
    IBM,
    -0.58%

    fell 0.58% to $129.18. Trading volume (58.8 M) remained 42.3 million below its 50-day average volume of 101.1 M.


    Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



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