Apple Inc. stock remains steady Monday, still outperforms market

Shares of Apple Inc.
AAPL,

were unchanged Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.72%
falling 0.72% to 11,524.55 and Dow Jones Industrial Average
DJIA,
-0.20%
falling 0.20% to 31,438.26. Apple Inc. closed $41.28 below its 52-week high ($182.94), which the company reached on January 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp.
MSFT,
-1.05%
fell 1.05% to $264.89, Alphabet Inc. Cl A
GOOGL,
-1.82%
fell 1.82% to $2,316.67, and International Business Machines Corp.
IBM,
+0.52%
rose 0.52% to $142.80. Trading volume (70.1 M) remained 28.2 million below its 50-day average volume of 98.2 M.