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Aug. 11, 2022, 4:31 p.m. EDT

Apple Inc. stock outperforms market despite losses on the day

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Shares of Apple Inc. (NAS:AAPL) dropped 0.44% to $168.49 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average (DOW:DJIA) rising 0.08% to 33,336.67 and the NASDAQ Composite Index (NASDAQ:COMP) falling 0.58% to 12,779.91. The stock's fall snapped a two-day winning streak. Apple Inc. closed $14.45 short of 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 Thursday, as Microsoft Corp. (NAS:MSFT) fell 0.74% to $287.02, Alphabet Inc. Cl A (NAS:GOOGL) fell 0.72% to $118.84, and International Business Machines Corp. (NYS:IBM) rose 0.79% to $132.54. Trading volume (56.1 M) remained 20.2 million below its 50-day average volume of 76.3 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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