Apple Inc. stock falls Friday, underperforms market

This post was originally published on this site

© Terrence Horan


Load Error

Shares of Apple Inc. slid 3.31% to $148.97 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.87% to 15,115.49 and Dow Jones Industrial Average falling 0.78% to 34,607.72. This was the stock’s third consecutive day of losses. Apple Inc. closed $8.29 below its 52-week high ($157.26), which the company achieved on September 7th.

The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. fell 0.52% to $295.71, Alphabet Inc. Cl A fell 1.86% to $2,817.52, and International Business Machines Corp. fell 0.52% to $137.02. Trading volume (140.1 M) eclipsed its 50-day average volume of 76.1 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.

Continue Reading