Apple Inc. stock falls Friday, underperforms market

© Terrence Horan


Shares of Apple Inc. slid 3.22% to $138.38 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 3.08% to 10,321.39 and Dow Jones Industrial Average falling 1.34% to 29,634.83. Apple Inc. closed $44.56 below its 52-week high ($182.94), which the company reached on January 4th.

The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. fell 2.42% to $228.56, Alphabet Inc. Cl A fell 2.52% to $96.56, and International Business Machines Corp. fell 1.44% to $120.04. Trading volume (88.2 M) eclipsed its 50-day average volume of 83.1 M.

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