Apple Inc. stock falls on Wednesday, worse than the market

Shares of Apple Inc. AAPL,
-0.46%
Lost 0.46% to $ 135.39 Wednesday, on what turned out to be an all-round mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 0.20%
increases 0.20% to 31,437.80 and the NASDAQ Composite Index COMP,
-0.25%
decreased by 0.25% to 13,972.53. This was the stock’s second consecutive day of losses. Apple Inc. closed at $ 9.70 below its 52-week high ($ 145.09), which the company hit on Jan. 25.

The stock underperformed compared to some of its competitors on Wednesday, such as Microsoft Corp. MSFT,
-0.39%
fell 0.39% to $ 242.82, Alphabet Inc. Cl A GOOGL,
+ 0.53%
Up 0.53% to $ 2,086.48, and International Business Machines Corp. IBM,
+ 0.11%
rose 0.11% to $ 122.24. The trade volume (72.1 million) remained 34.4 million below the 50-day average volume of 106.4 million.

Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.

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