Apple Inc. Stock Underperforms Thursday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Apple Inc. (AAPL) slipped 2.46% to $137.35 Thursday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 0.26% to 11,388.50 and Dow Jones Industrial Average falling 0.75% to 31,253.13. This was the stock's second consecutive day of losses. Apple Inc. closed $45.59 below its 52-week high ($182.94), which the company reached on January 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 0.37% to $253.14, Alphabet Inc. Cl A (GOOGL) fell 1.35% to $2,207.68, and International Business Machines Corp. (IBM) fell 2.47% to $129.66. Trading volume (134.7 M) eclipsed its 50-day average volume of 96.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2022.
(END) Dow Jones Newswires
May 19, 2022 16:32 ET (20:32 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.