Apple Inc. stock underperforms Tuesday when compared to competitors
Shares of Apple Inc.
sank 0.96% to $148.12 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
falling 0.45% to 15,037.76 and Dow Jones Industrial Average
falling 0.84% to 34,577.57. Apple Inc. closed $9.14 below its 52-week high ($157.26), which the company reached on September 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp.
rose 0.94% to $299.79, Alphabet Inc. Cl A
rose 0.15% to $2,850.89, and International Business Machines Corp.
fell 1.40% to $136.22. Trading volume (108.3 M) eclipsed its 50-day average volume of 78.4 M.