Published on 17 Sep 2022 on Market Watch
Shares of Apple Inc. slipped 1.10% to $150.70 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.90% to 11,448.40 and Dow Jones Industrial Average falling 0.45% to 30,822.42. This was the stock's second consecutive day of losses. Apple Inc. closed $32.24 below its 52-week high ($182.94), which the company achieved on January 4th.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. fell 0.26% to $244.74, Alphabet Inc. Cl A fell 0.11% to $102.80, and International Business Machines Corp. rose 1.42% to $127.27. Trading volume (163.5 M) eclipsed its 50-day average volume of 72.2 M.
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