Apple Inc. stock falls Thursday, still outperforms market

Shares of Apple Inc.

shed 1.90% to $172.19 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index

falling 2.51% to 14,806.81 and Dow Jones Industrial Average

falling 0.49% to 36,113.62. The stock’s fall snapped a four-day winning streak. Apple Inc. closed $10.75 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 Thursday, as Microsoft Corp.

fell 4.23% to $304.80, Alphabet Inc. Cl A

fell 2.01% to $2,771.74, and International Business Machines Corp.

rose 0.88% to $134.76. Trading volume (81.6 M) remained 13.1 million below its 50-day average volume of 94.7 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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