Apple Inc. stock falls Wednesday, still outperforms market


    Shares of Apple Inc.
    AAPL,
    -0.09%

    shed 0.09% to $148.71 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index
    COMP,
    -0.72%

    falling 0.72% to 11,994.46 and Dow Jones Industrial Average
    DJIA,
    -0.54%

    falling 0.54% to 32,813.23. This was the stock’s second consecutive day of losses. Apple Inc. closed $34.23 short of its 52-week high ($182.94), which the company reached on January 4th.

    The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp.
    MSFT,
    +0.20%

    rose 0.20% to $272.42, Alphabet Inc. Cl A
    GOOGL,
    +0.11%

    rose 0.11% to $2,277.84, and International Business Machines Corp.
    IBM,
    +0.42%

    rose 0.42% to $139.43. Trading volume (74.0 M) remained 24.4 million below its 50-day average volume of 98.4 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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