Apple Inc. stock underperforms Wednesday when compared to competitors

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Shares of Apple Inc.
AAPL,
-0.84%
sank 0.48% to $184.15 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.82%
rising 1.30% to 15,859.15 and the Dow Jones Industrial Average
DJIA,
-0.37%
rising 0.40% to 38,424.27.

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

Apple Inc. closed $15.47 short of its 52-week high ($199.62), which the company achieved on December 14th.

The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp.
MSFT,
-0.61%
rose 0.97% to $409.49, Alphabet Inc. Cl C
GOOG,
-1.51%
rose 0.53% to $147.14, and Alphabet Inc. Cl A
GOOGL,
-1.58%
rose 0.55% to $145.94.

Trading volume (53.1 M) remained 2.3 million below its 50-day average volume of 55.4 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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