Apple Inc. Stock Falls Tuesday, Underperforms Market
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Shares of Apple Inc. (AAPL) shed 1.45% to $151.60 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.25% to 11,530.33 and Dow Jones Industrial Average falling 1.72% to 32,856.46. The stock's fall snapped a three-day winning streak. Apple Inc. closed $28.01 below its 52-week high ($179.61), which the company achieved on March 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp. (MSFT) fell 1.06% to $254.15, Alphabet Inc. Cl C (GOOGL) fell 1.48% to $94.17, and Alphabet Inc. Cl A (GOOGL) fell 1.34% to $93.86. Trading volume (55.6 M) remained 15.5 million below its 50-day average volume of 71.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2023.
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March 07, 2023 16:32 ET (21:32 GMT)
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