Apple Inc. stock falls Friday, still outperforms market

Shares of Apple Inc.

sank 0.14% to $165.35 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average

rising 0.23% to 32,803.47 and the NASDAQ Composite Index

falling 0.50% to 12,657.55. This was the stock’s second consecutive day of losses. Apple Inc. closed $17.59 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 Friday, as Microsoft Corp.

fell 0.26% to $282.91, Alphabet Inc. Cl A

fell 0.61% to $117.47, and International Business Machines Corp.

rose 0.64% to $132.48. Trading volume (56.4 M) remained 22.4 million below its 50-day average volume of 78.9 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.

Source link