Shares of Apple Inc. AAPL slid 3.17% to $106.84 Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP falling 1.07% to 10,793.28 and Dow Jones Industrial Average DJIA falling 0.88% to 27,657.42. This was the stock's third consecutive day of losses. Apple Inc. closed $31.14 below its 52-week high ($137.98), which the company reached on September 2nd.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp. MSFT fell 1.24% to $200.39, Alphabet Inc. Cl A GOOGL fell 2.42% to $1,451.09, and International Business Machines Corp. IBM fell 1.73% to $122.76. Trading volume (282.4 M) eclipsed its 50-day average volume of 175.3 M.
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