Shares of Apple Inc. AAPL slipped 4.63% to $111.20 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP falling 3.73% to 11,004.87 and Dow Jones Industrial Average DJIA falling 3.43% to 26,519.95. The stock's fall snapped a two-day winning streak. Apple Inc. closed $26.78 below its 52-week high ($137.98), which the company reached on September 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. MSFT fell 4.96% to $202.68, Alphabet Inc. Cl A GOOGL fell 5.51% to $1,510.80, and International Business Machines Corp. IBM fell 3.54% to $106.65. Trading volume (142.1 M) remained 21.9 million below its 50-day average volume of 164.0 M.