Apple Inc. stock falls Friday, underperforms market


Shares of Apple Inc.
AAPL,
-5.60%

slid 5.60% to $108.86 Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
COMP,
-2.45%

falling 2.45% to 10,911.59 and Dow Jones Industrial Average
DJIA,
-0.59%

falling 0.59% to 26,501.60. Apple Inc. closed $29.12 below its 52-week high ($137.98), which the company achieved on September 2nd.

The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp.
MSFT,
-1.09%

fell 1.10% to $202.47, Alphabet Inc. Cl A
GOOGL,
+3.80%

rose 3.80% to $1,616.11, and International Business Machines Corp.
IBM,
+2.52%

rose 2.53% to $111.66. Trading volume (189.8 M) eclipsed its 50-day average volume of 164.4 M.



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