Apple Inc. stock underperforms Friday when compared to competitors


    Shares of Apple Inc.
    AAPL,
    -0.56%

    dropped 0.56% to $122.25 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
    COMP,
    +0.70%

    rising 0.70% to 12,464.23 and the Dow Jones Industrial Average
    DJIA,
    +0.83%

    rising 0.83% to 30,218.26. This was the stock’s second consecutive day of losses. Apple Inc. closed $15.73 short of 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,
    +0.06%

    rose 0.06% to $214.36, Alphabet Inc. Cl A
    GOOGL,
    +0.11%

    rose 0.11% to $1,823.76, and International Business Machines Corp.
    IBM,
    +2.90%

    rose 2.90% to $127.20. Trading volume (76.7 M) remained 40.2 million below its 50-day average volume of 116.9 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.



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