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Apple Inc. stock falls Friday, underperforms market

Shares of Apple Inc.
AAPL,
-4.80%
slid 4.80% to $181.99 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.36%
falling 0.36% to 13,909.24 and Dow Jones Industrial Average
DJIA,
-0.43%
falling 0.43% to 35,065.62.

This was the stock’s fourth consecutive day of losses.

Apple Inc. closed $16.24 below its 52-week high ($198.23), which the company reached on July 19th.

The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp.
MSFT,
+0.34%
rose 0.34% to $327.78, Alphabet Inc. Cl C
GOOG,
-0.18%
fell 0.18% to $128.54, and Alphabet Inc. Cl A
GOOGL,
-0.26%
fell 0.26% to $128.11.

Trading volume (114.4 M) eclipsed its 50-day average volume of 56.1 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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