Apple Inc. stock falls Thursday, still outperforms market


Shares of Apple Inc.
AAPL,
-1.40%

slipped 0.40% to $120.71 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.36%

falling 0.47% to 11,713.87 and Dow Jones Industrial Average
DJIA,
+0.39%

falling 0.07% to 28,494.20. Apple Inc. closed $17.27 short of its 52-week high ($137.98), which the company reached on September 2nd.

Despite its losses, the stock outperformed some of its competitors Thursday, as Microsoft Corp.
MSFT,

fell 0.54% to $219.66, Alphabet Inc. Cl A
GOOGL,
+0.78%

fell 0.51% to $1,555.47, and International Business Machines Corp.
IBM,
+0.83%

fell 0.83% to $124.89. Trading volume (111.2 M) remained 65.2 million below its 50-day average volume of 176.3 M.



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