Connect with us

Hi, what are you looking for?

Markets

Apple Inc. stock falls Monday, underperforms market

Shares of Apple Inc.
AAPL,
-0.76%
slid 0.76% to $179.58 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.09%
falling 0.09% to 13,229.43 and Dow Jones Industrial Average
DJIA,
-0.59%
falling 0.59% to 33,562.86.

The stock’s fall snapped a two-day winning streak.

Apple Inc. closed $2.20 below its 52-week high ($181.78), which the company reached on June 2nd.

The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp.
MSFT,
+0.16%
rose 0.16% to $335.94, Alphabet Inc. Cl C
GOOG,
+1.12%
rose 1.12% to $126.63, and Alphabet Inc. Cl A
GOOGL,
+1.07%
rose 1.07% to $126.01.

Trading volume (121.4 M) eclipsed its 50-day average volume of 55.4 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.

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

News

This article was written by Follow Samuel Smith has a diverse background that includes being lead analyst and Vice President at several highly regarded...

News

This article was written by Follow I’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared...