Shares of Apple Inc. shed 0.54% to $135.21 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.24% to 10,957.01 and Dow Jones Industrial Average falling 1.81% to 33,296.96. The stock’s fall snapped a two-day winning streak. Apple Inc. closed $44.40 short of its 52-week high ($179.61), which the company achieved on March 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Microsoft Corp. fell 1.89% to $235.81, Alphabet Inc. Cl C fell 0.41% to $91.78, and Alphabet Inc. Cl A fell 0.19% to $91.12. Trading volume (68.7 M) remained 11.2 million below its 50-day average volume of 79.9 M.