Monday, January 30, 2023
HomeMarketApple Inc. stock falls Tuesday, underperforms market

Apple Inc. stock falls Tuesday, underperforms market

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Shares of Apple Inc.
AAPL,
-2.11%
slipped 2.11% to $141.17 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.01%
rising 0.01% to 33,852.53 and the NASDAQ Composite Index
COMP,
-0.59%
falling 0.59% to 10,983.78. This was the stock’s third consecutive day of losses. Apple Inc. closed $41.77 below its 52-week high ($182.94), which the company reached on January 4th.

The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp.
MSFT,
-0.59%
fell 0.59% to $240.33, Alphabet Inc. Cl C
GOOG,
-0.84%
fell 0.84% to $95.44, and Alphabet Inc. Cl A
GOOGL,
-0.90%
fell 0.90% to $95.19. Trading volume (83.5 M) remained 5.5 million below its 50-day average volume of 89.0 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Credit: marketwatch.com

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