Shares of Apple Inc. AAPL, 0.40% shed 1.90% to $172.19 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, 0.08% falling 2.51% to 14,806.81 and Dow Jones Industrial Average DJIA, -0.73% falling 0.49% to 36,113.62. The stock’s fall snapped a four-day winning streak. Apple Inc. closed $10.75 short of its 52-week high ($182.94), which the company achieved on January 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. MSFT, 0.80% fell 4.23% to $304.80, Alphabet Inc. Cl A GOOGL, 0.89% fell 2.01% to $2,771.74, and International Business Machines Corp. IBM, -0.50% rose 0.88% to $134.76. Trading volume (81.6 M) remained 13.1 million below its 50-day average volume of 94.7 M.