Shares of Apple Inc.
AAPL,
shed 2.59% to $160.07 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP,
falling 2.57% to 13,037.49 and Dow Jones Industrial Average
DJIA,
falling 1.38% to 33,131.76. This was the stock’s fifth consecutive day of losses. Apple Inc. closed $22.87 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 Wednesday, as Microsoft Corp.
MSFT,
fell 2.59% to $280.27, Alphabet Inc. Cl A
GOOGL,
fell 1.71% to $2,551.76, and International Business Machines Corp.
IBM,
fell 1.49% to $122.07. Trading volume (88.3 M) remained 9.8 million below its 50-day average volume of 98.1 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.
