Apple Inc. Stock Falls Friday, Still Outperforms Market
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Shares of Apple Inc. (AAPL) shed 1.39% to $148.50 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.76% to 11,138.89 and Dow Jones Industrial Average falling 1.07% to 31,909.64. This was the stock's second consecutive day of losses. Apple Inc. closed $31.11 short of its 52-week high ($179.61), which the company reached on March 30th.
Despite its losses, the stock outperformed some of its competitors Friday, as Microsoft Corp. (MSFT) fell 1.48% to $248.59, Alphabet Inc. Cl C (GOOGL) fell 1.78% to $91.01, and Alphabet Inc. Cl A (GOOGL) fell 1.83% to $90.63.true Trading volume (68.1 M) remained 1.5 million below its 50-day average volume of 69.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2023.
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March 10, 2023 16:32 ET (21:32 GMT)
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