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Aug. 18, 2022, 4:31 p.m. EDT

Apple Inc. stock falls Thursday, underperforms market

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Shares of Apple Inc. (NAS:AAPL) shed 0.23% to $174.15 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index (NASDAQ:COMP) rising 0.21% to 12,965.34 and the Dow Jones Industrial Average (DOW:DJIA) rising 0.06% to 33,999.04. Apple Inc. closed $8.79 short of its 52-week high ($182.94), which the company reached on January 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. (NAS:MSFT) fell 0.39% to $290.17, Alphabet Inc. Cl A (NAS:GOOGL) rose 0.52% to $120.17, and International Business Machines Corp. (NYS:IBM) rose 0.93% to $139.07. Trading volume (61.6 M) remained 12.8 million below its 50-day average volume of 74.4 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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