Shares of Apple Inc.
AAPL,
shed 3.48% to $120.99 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
COMP,
falling 3.52% to 13,119.43 and Dow Jones Industrial Average
DJIA,
falling 1.75% to 31,402.01. This was the stock’s fourth consecutive day of losses. Apple Inc. closed $24.10 below its 52-week high ($145.09), which the company achieved on January 25th.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp.
MSFT,
fell 2.37% to $228.99, Alphabet Inc. Cl A
GOOGL,
fell 3.26% to $2,015.95, and International Business Machines Corp.
IBM,
fell 0.60% to $122.47. Trading volume (144.7 M) eclipsed its 50-day average volume of 105.2 M.
Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.
