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Apple Inc. stock falls Wednesday, still outperforms market

Shares of Apple Inc.
AAPL,
-0.57%
sank 0.57% to $183.96 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP,
-1.21%
falling 1.21% to 13,502.20 and Dow Jones Industrial Average
DJIA,
-0.30%
falling 0.30% to 33,951.52.

Apple Inc. closed $3.03 short of its 52-week high ($186.99), which the company reached on June 16th.

Despite its losses, the stock outperformed some of its competitors Wednesday, as Microsoft Corp.
MSFT,
-1.33%
fell 1.33% to $333.56, Alphabet Inc. Cl C
GOOG,
-2.09%
fell 2.09% to $121.26, and Alphabet Inc. Cl A
GOOGL,
-2.07%
fell 2.07% to $120.55.

Trading volume (49.4 M) remained 8.7 million below its 50-day average volume of 58.1 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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This article was written by Follow I’m a full-time investor with a strong focus on the tech sector. I graduated with a Bachelor of...