Apple Inc. stock falls Thursday, underperforms market


    Shares of Apple Inc.
    AAPL,
    -0.19%

    slumped 0.19% to $135.13 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index
    COMP,
    +0.38%

    rising 0.38% to 14,025.77 and the Dow Jones Industrial Average
    DJIA,
    -0.02%

    falling 0.02% to 31,430.70. This was the stock’s third consecutive day of losses. Apple Inc. closed $9.96 below its 52-week high ($145.09), which the company reached on January 25th.

    The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp.
    MSFT,
    +0.69%

    rose 0.69% to $244.49, Alphabet Inc. Cl A
    GOOGL,
    +0.11%

    rose 0.11% to $2,088.75, and International Business Machines Corp.
    IBM,
    -1.09%

    fell 1.09% to $120.91. Trading volume (63.7 M) remained 44.2 million below its 50-day average volume of 107.9 M.


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



    Source link

    Previous articleDollar headed for weekly loss, bitcoin renews record above $48,000
    Next articleBitcoin hits record as US financial giants embrace cryptocurrency