On Friday, shares of Apple Inc. (AAPL) experienced a slight decline of 0.40%, closing at $181.18. This downturn occurred amidst an overall positive trading session for the stock market. The NASDAQ Composite Index (COMP) saw a rise of 0.09% to reach 14,524.07, while the Dow Jones Industrial Average (DJIA) increased by 0.07% to reach 37,466.11.
This marks the fifth consecutive day in which Apple’s stock has experienced losses.
Apple Inc.’s closing price was $18.44 below its 52-week high of $199.62, which the company reached on December 14th.
In comparison to some of its competitors, Apple’s stock performance was mixed on Friday. Microsoft Corp. (MSFT) fell by 0.05% to reach $367.75, Alphabet Inc. Cl C (GOOG) saw a decline of 0.47% with a closing price of $137.39, and Alphabet Inc. Cl A (GOOGL) experienced a decrease of 0.48% with a closing price of $135.73.
The trading volume for Apple Inc. on Friday exceeded its 50-day average volume, reaching 62.2 million shares compared to the average of 54.0 million.