DJ Apple Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Apple Inc. $(AAPL)$ slipped 0.65% to $227.55 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.33% to 18,342.94 and the Dow Jones Industrial Average rising 0.97% to 42,863.86.
This was the stock's second consecutive day of losses.
Apple Inc. closed $9.68 short of its 52-week high ($237.23), which the company achieved on July 15th.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. $(MSFT)$ rose 0.12% to $416.32, Alphabet Inc. Cl C $(GOOG)$ rose 0.82% to $164.52, and Alphabet Inc. Cl A $(GOOGL)$ rose 0.72% to $163.24.
Trading volume (30.8 M) remained 22.3 million below its 50-day average volume of 53.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 11, 2024.
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(END) Dow Jones Newswires
October 11, 2024 16:32 ET (20:32 GMT)
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