February 25, 2023

Apple Inc. stock falls Friday, underperforms market

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Shares of Apple Inc. slid 1.80% to $146.71 Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.69% to 11,394.94 and Dow Jones Industrial Average falling 1.02% to 32,816.92. The stock’s fall snapped a two-day winning streak. Apple Inc. closed $32.90 short of its 52-week high ($179.61), which the company reached on March 30th.

Despite its losses, the stock outperformed some of its competitors Friday, as Microsoft Corp. fell 2.18% to $249.22, Alphabet Inc. Cl C fell 1.89% to $89.35, and Alphabet Inc. Cl A fell 1.94% to $89.13.true Trading volume (55.2 M) remained 20.8 million below its 50-day average volume of 75.9 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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