Published on 22 Sep 2022 on Market Watch
Shares of Apple Inc. slumped 0.64% to $152.74 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.37% to 11,066.81 and Dow Jones Industrial Average falling 0.35% to 30,076.68. This was the stock's second consecutive day of losses. Apple Inc. closed $30.20 short of its 52-week high ($182.94), which the company reached on January 4th.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. rose 0.85% to $240.98, Alphabet Inc. Cl A rose 0.87% to $100.14, and International Business Machines Corp. rose 0.30% to $125.31. Trading volume (85.9 M) eclipsed its 50-day average volume of 75.8 M.