Apple Inc. stock falls Thursday, underperforms market

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Terrence Horan

Shares of Apple Inc.

shed 1.60% to $110.34 Thursday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index

falling 1.27% to 10,910.28 and Dow Jones Industrial Average

falling 0.47% to 27,901.98. This was the stock’s second consecutive day of losses. Apple Inc. closed $27.64 short of its 52-week high ($137.98), which the company reached on September 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp.

fell 1.04% to $202.91, Alphabet Inc. Cl A

fell 1.66% to $1,487.04, and International Business Machines Corp.

rose 0.56% to $124.92. Trading volume (176.4 M) eclipsed its 50-day average volume of 174.2 M.

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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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