Apple Inc. stock falls Friday, underperforms market

Published: Jan. 5, 2024 at 4:32 p.m. ET

Shares of Apple Inc. AAPL slid 0.40% to $181.18 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.09% to 14,524.07 and the Dow Jones Industrial Average DJIA rising 0.07% to 37,466.11.

This was the stock’s fifth consecutive day of losses.

Apple Inc. closed…

Shares of Apple Inc.

AAPL

slid 0.40% to $181.18 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index

COMP

rising 0.09% to 14,524.07 and the Dow Jones Industrial Average

DJIA

rising 0.07% to 37,466.11.

This was the stock’s fifth consecutive day of losses.

Apple Inc. closed $18.44 below its 52-week high ($199.62), which the company achieved on December 14th.

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

MSFT

fell 0.05% to $367.75, Alphabet Inc. Cl C

GOOG

fell 0.47% to $137.39, and Alphabet Inc. Cl A

GOOGL

fell 0.48% to $135.73.

Trading volume (62.2 M) eclipsed its 50-day average volume of 54.0 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.



This article was originally published by a www.marketwatch.com . Read the Original article here. .