Apple Inc. stock falls Monday, underperforms market

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Shares of Apple Inc. slid 0.29% to $172.07 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.66% to 12,365.21 and the Dow Jones Industrial Average rising 0.14% to 33,348.60.

This was the stock’s second consecutive day of losses.

Apple Inc. closed $4.08 below its 52-week high ($176.15), which the company achieved on August 17th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. rose 0.16% to $309.46, Alphabet Inc. Cl C fell 0.81% to $116.96, and Alphabet Inc. Cl A fell 0.85% to $116.51.

Trading volume (37.2 M) remained 22.7 million below its 50-day average volume of 59.9 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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