Apple Inc. stock underperforms Wednesday when compared to competitors


    Shares of Apple Inc.
    AAPL,
    -0.41%

    shed 0.41% to $125.35 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
    COMP,
    +0.99%

    rising 0.99% to 13,597.97 and the Dow Jones Industrial Average
    DJIA,
    +1.35%

    rising 1.35% to 31,961.86. This was the stock’s third consecutive day of losses. Apple Inc. closed $19.74 short of its 52-week high ($145.09), which the company achieved on January 25th.

    The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp.
    MSFT,
    +0.55%

    rose 0.55% to $234.55, Alphabet Inc. Cl A
    GOOGL,
    +1.15%

    rose 1.15% to $2,083.81, and International Business Machines Corp.
    IBM,
    +2.07%

    rose 2.07% to $123.21. Trading volume (109.9 M) eclipsed its 50-day average volume of 104.7 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.



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