Apple Inc. stock underperforms Wednesday when compared to competitors

Shares of Apple Inc.

dropped 0.42% to $140.91 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index

rising 0.73% to 14,571.64 and the Dow Jones Industrial Average

falling 0.00% to 34,377.81. This was the stock’s fourth consecutive day of losses. Apple Inc. closed $16.35 short of its 52-week high ($157.26), which the company reached on September 7th.

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

rose 1.17% to $296.31, Alphabet Inc. Cl A

rose 0.83% to $2,751.64, and International Business Machines Corp.

rose 0.21% to $140.76. Trading volume (77.5 M) eclipsed its 50-day average volume of 75.0 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.

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