Published on 1 Aug 2022 on Market Watch
Shares of Apple Inc. dropped 0.62% to $161.51 Monday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 0.18% to 12,368.98 and Dow Jones Industrial Average falling 0.14% to 32,798.40. The stock's fall snapped a three-day winning streak. Apple Inc. closed $21.43 below its 52-week high ($182.94), which the company achieved on January 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. fell 0.97% to $278.01, Alphabet Inc. Cl A fell 1.26% to $114.86, and International Business Machines Corp. rose 0.96% to $132.04. Trading volume (64.5 M) remained 19.1 million below its 50-day average volume of 83.6 M.