Apple Inc. stock outperforms market despite losses on the day

Apple Inc. stock outperforms market despite losses on the day

Shares of Apple Inc. AAPL, -0.08% shed 0.09% to $459.63 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.12% rising 0.12% to 27,931.02 and the NASDAQ Composite Index COMP, -0.21% falling 0.21% to 11,019.30. The stock’s fall snapped a two-day winning streak. Apple Inc. closed $4.54 below its 52-week high ($464.17), which the company achieved on August 13th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. MSFT, +0.09% rose 0.10% to $208.90, Alphabet Inc. Cl A GOOGL, -0.79% fell 0.79% to $1,504.63, and International Business Machines Corp. IBM, +0.19% rose 0.19% to $125.27. Trading volume (40.7 M) eclipsed its 50-day average volume of 38.4 M.

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