Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Apple Inc. stock falls Friday, underperforming the market

Apple Inc. stock falls Friday, underperforming the market



Shares in Apple Inc. AAPL,
-1.40%
slipped 1.40% to $ 119.02 on Friday on what turned out to be a versatile mixed-stock trading session with the Dow Jones Industrial Average DJIA,
+ 0.39%
rising 0.39% to 28,606.31 and NASDAQ Composite Index COMP,
-0.36%
decreasing 0.36% to 1

1,671.56. This was the stock’s second losing day in a row. Apple Inc. closed $ 18.96 below the 52-week high ($ 137.98) that the company reached on September 2nd.

The stock outperformed some of its competitors on Friday when Microsoft Corp. MSFT,

remained unchanged, Alphabet Inc. Cl A GOOGL,
+ 0.78%
rose 0.79% to $ 1,567.70, and International Business Machines Corp. IBM,
+ 0.83%
rose 0.83% to $ 125.93. Trading volume (113.9 million) remained 60.7 million below the 50-day average volume of 174.5 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.


Source link