Shares of Apple Inc.
AAPL,
shed 2.10% to $166.23 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index
COMP,
falling 1.15% to 14,340.26 and Dow Jones Industrial Average
DJIA,
falling 0.96% to 35,028.65. This was the stock’s second consecutive day of losses. Apple Inc. closed $16.71 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,
rose 0.22% to $303.33, Alphabet Inc. Cl A
GOOGL,
fell 0.65% to $2,702.33, and International Business Machines Corp.
IBM,
fell 1.02% to $131.58. Trading volume (91.3 M) remained 4.8 million below its 50-day average volume of 96.2 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.
