Shares of Apple Inc. AAPL slumped 0.04% to $126.85 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.59% to 13,738.00 and the Dow Jones Industrial Average DJIA rising 0.03% to 34,323.05. This was the stock’s second consecutive day of losses. Apple Inc. closed $18.24 below its 52-week high ($145.09), which the company achieved on January 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. MSFT fell 0.09% to $251.49, Alphabet Inc. Cl A GOOGL rose 0.74% to $2,380.31, and International Business Machines Corp. IBM fell 0.29% to $143.38. Trading volume (54.4 M) remained 37.0 million below its 50-day average volume of 91.4 M.
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- Despite the day’s losses, Apple Inc. shares lead competitors
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