Shares of Apple Inc.
AAPL,
slipped 2.03% to $153.72 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
COMP,
falling 1.79% to 11,220.19 and Dow Jones Industrial Average
DJIA,
falling 1.70% to 30,183.78. The stock’s fall snapped a two-day winning streak. Apple Inc. closed $29.22 below its 52-week high ($182.94), which the company achieved on January 4th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp.
MSFT,
fell 1.44% to $238.95, Alphabet Inc. Cl A
GOOGL,
fell 1.84% to $99.28, and International Business Machines Corp.
IBM,
fell 1.08% to $124.93. Trading volume (99.8 M) eclipsed its 50-day average volume of 75.4 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.