Apple Inc. stock underperforms Wednesday when compared to competitors


    Shares of Apple Inc.
    AAPL,
    -2.10%
    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,
    -1.15%
    falling 1.15% to 14,340.26 and Dow Jones Industrial Average
    DJIA,
    -0.96%
    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,
    +0.22%
    rose 0.22% to $303.33, Alphabet Inc. Cl A
    GOOGL,
    -0.65%
    fell 0.65% to $2,702.33, and International Business Machines Corp.
    IBM,
    -1.02%
    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.



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