Apple Inc. stock underperforms Monday when compared to competitors

Shares of Apple Inc.

slid 2.32% to $128.98 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index

falling 1.25% to 13,036.43 and Dow Jones Industrial Average

falling 0.29% to 31,008.69. The stock’s fall snapped a two-day winning streak. Apple Inc. closed $9.81 short of its 52-week high ($138.79), which the company achieved on December 29th.

The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp.

fell 0.97% to $217.49, Alphabet Inc. Cl A

fell 2.31% to $1,756.29, and International Business Machines Corp.

rose 0.04% to $128.58. Trading volume (98.6 M) remained 9.2 million below its 50-day average volume of 107.9 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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