Apple Inc. stock underperforms Monday when compared to competitors
Shares of Apple Inc. AAPL, shed 2.98% to $126.00 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, rising 0.09% to 31,521.69 and the NASDAQ Composite Index COMP, falling 2.46% to 13,533.05. Apple Inc. closed $19.09 short of its 52-week high ($145.09), which the company reached on January 25th.
The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp. MSFT, fell 2.68% to $234.51, Alphabet Inc. Cl A GOOGL, fell 1.65% to $2,054.26, and International Business Machines Corp. IBM, rose 1.57% to $120.86. Trading volume (102.3 M) remained 1.0 million below its 50-day average volume of 103.4 M.