Apple Inc. stock underperforms Tuesday when compared to competitors
Shares of Apple Inc. AAPL, -2.97% slipped 2.97% to $437.50 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP, -1.69% falling 1.69% to…
From the Equity Insider archive. This article dates from Aug 12, 2020 and is preserved as first published.
Shares of Apple Inc. AAPL, -2.97% slipped 2.97% to $437.50 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP, -1.69% falling 1.69% to 10,782.82 and Dow Jones Industrial Average DJIA, -0.37% falling 0.38% to 27,686.91. Apple Inc. closed $20.15 below its 52-week high ($457.65), which the company reached on August 6th.
50 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP, -1.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. MSFT, -2.33% fell 2.34% to $203.38, Alphabet Inc. Cl A GOOGL, -1.08% fell 1.09% to $1,480.54, and International Business Machines Corp. IBM, -0.28% fell 0.28% to $126.75. Trading volume (46.4 M) eclipsed its 50-day average volume of 37.0 M.
