Apple Inc. stock underperforms Monday when compared to competitors


    Shares of Apple Inc.
    AAPL,
    -2.32%

    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
    COMP,
    -1.25%

    falling 1.25% to 13,036.43 and Dow Jones Industrial Average
    DJIA,
    -0.29%

    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.
    MSFT,
    -0.97%

    fell 0.97% to $217.49, Alphabet Inc. Cl A
    GOOGL,
    -2.31%

    fell 2.31% to $1,756.29, and International Business Machines Corp.
    IBM,
    +0.04%

    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.



    Source link

    Previous articleCES 2021: Anker Unveils New Magnetic Series Accessories, PowerWave Stand and More
    Next articleRiot Games and Bungie are teaming up to sue a cheating-software creator