Shares of Apple Inc. AAPL, 1.36% slid 2.55% to $165.75 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP, 0.74% falling 2.18% to 13,411.96 and Dow Jones Industrial Average DJIA, 0.33% falling 1.19% to 34,308.08. This was the stock’s second consecutive day of losses. Apple Inc. closed $17.19 short of its 52-week high ($182.94), which the company reached on January 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. MSFT, -0.10% fell 3.94% to $285.26, Alphabet Inc. Cl A GOOGL, 0.02% fell 3.35% to $2,576.47, and International Business Machines Corp. IBM, 0.36% fell 1.06% to $126.37. Trading volume (71.4 M) remained 20.1 million below its 50-day average volume of 91.6 M.