Apple Inc. stock falls Friday, still outperforms market

Shares of Apple Inc.

slid 1.17% to $161.84 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index

falling 1.92% to 15,085.47 and Dow Jones Industrial Average

falling 0.17% to 34,580.08. This was the stock’s third consecutive day of losses. Apple Inc. closed $8.46 short of its 52-week high ($170.30), which the company reached on December 1st.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp.

fell 1.97% to $323.01, Alphabet Inc. Cl A

fell 0.67% to $2,840.03, and International Business Machines Corp.

rose 1.66% to $118.84. Trading volume (117.7 M) eclipsed its 50-day average volume of 80.2 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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