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Apple Inc. stock outperforms competitors despite losses on the day

Shares of Apple Inc.
AAPL,
-0.59%
slipped 0.59% to $184.92 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.68%
falling 0.68% to 13,689.57 and Dow Jones Industrial Average
DJIA,
-0.32%
falling 0.32% to 34,299.12.

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

Apple Inc. closed $1.60 below its 52-week high ($186.52), which the company reached on June 15th.

Despite its losses, the stock outperformed some of its competitors Friday, as Microsoft Corp.
MSFT,
-1.66%
fell 1.66% to $342.33, Alphabet Inc. Cl C
GOOG,
-1.38%
fell 1.38% to $124.06, and Alphabet Inc. Cl A
GOOGL,
-1.25%
fell 1.25% to $123.53.

Trading volume (101.2 M) eclipsed its 50-day average volume of 57.1 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.

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This article was written by Follow Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He...