Shares of Apple Inc.
AAPL,
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,
rising 0.70% to 12,464.23 and the Dow Jones Industrial Average
DJIA,
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,
rose 0.06% to $214.36, Alphabet Inc. Cl A
GOOGL,
rose 0.11% to $1,823.76, and International Business Machines Corp.
IBM,
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.