Shares of Apple Inc.
AAPL,
shed 2.46% to $139.14 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP,
falling 2.14% to 14,255.48 and Dow Jones Industrial Average
DJIA,
falling 0.94% to 34,002.92. Apple Inc. closed $18.12 below its 52-week high ($157.26), which the company reached on September 7th.
The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp.
MSFT,
fell 2.07% to $283.11, Alphabet Inc. Cl A
GOOGL,
fell 2.11% to $2,673.19, and International Business Machines Corp.
IBM,
rose 0.55% to $144.11. Trading volume (97.9 M) eclipsed its 50-day average volume of 77.0 M.