February 18, 2023

Apple Inc. stock falls Friday, underperforms market

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Shares of Apple Inc. slipped 0.75% to $152.55 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.39% to 33,826.69 and the NASDAQ Composite Index falling 0.58% to 11,787.27. This was the stock’s second consecutive day of losses. Apple Inc. closed $27.06 below its 52-week high ($179.61), which the company achieved on March 30th.

Despite its losses, the stock outperformed some of its competitors Friday, as Microsoft Corp. fell 1.56% to $258.06, Alphabet Inc. Cl C fell 1.24% to $94.59, and Alphabet Inc. Cl A fell 1.21% to $94.35.true Trading volume (58.7 M) remained 18.3 million below its 50-day average volume of 77.1 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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