Shares of Apple Inc. AAPL, -4.19% slid 4.19% to $107.12 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP, -2.73% falling 3.02% to 10,632.99 and Dow Jones Industrial Average DJIA, -1.92% falling 1.92% to 26,763.13. The stock’s fall snapped a two-day winning streak. Apple Inc. closed $30.86 below its 52-week high ($137.98), which the company reached on September 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. MSFT, -3.29% fell 3.29% to $200.59, Alphabet Inc. Cl A GOOGL, -3.45% fell 3.48% to $1,409.00, and International Business Machines Corp. IBM, -1.39% fell 1.39% to $118.83. Trading volume (148.1 M) remained 31.5 million below its 50-day average volume of 179.5 M.