Apple Inc. Stock Falls Thursday, Still Outperforms Market
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Shares of Apple Inc. (AAPL) slid 1.49% to $150.59 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 2.05% to 11,338.35 and Dow Jones Industrial Average falling 1.66% to 32,254.86. Apple Inc. closed $29.02 below its 52-week high ($179.61), which the company reached on March 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 0.54% to $252.32, Alphabet Inc. Cl C (GOOGL) fell 2.10% to $92.66, and Alphabet Inc. Cl A (GOOGL) fell 2.05% to $92.32. Trading volume (53.4 M) remained 16.4 million below its 50-day average volume of 69.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 9, 2023.
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March 09, 2023 16:32 ET (21:32 GMT)
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