Shares of Apple Inc.
slid 2.32% to $128.98 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
falling 1.25% to 13,036.43 and Dow Jones Industrial Average
falling 0.29% to 31,008.69. The stock‘s fall snapped a two-day winning streak. Apple Inc. closed $9.81 short of its 52-week high ($138.79), which the company achieved on December 29th.
The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp.
fell 0.97% to $217.49, Alphabet Inc. Cl A
fell 2.31% to $1,756.29, and International Business Machines Corp.
rose 0.04% to $128.58. Trading volume (98.6 M) remained 9.2 million below its 50-day average volume of 107.9 M.