Shares of Apple Inc. witnessed a slight decline of 1.07% on Wednesday, closing at a price of $194.83. This dip in price occurred amidst an overall poor trading session for the stock market, with both the NASDAQ Composite Index and the Dow Jones Industrial Average experiencing significant drops of 1.50% and 1.27%, respectively.
Apple Inc. ended the day $4.79 short of its 52-week high of $199.62, which was reached on December 14th. When compared to some of its competitors, Apple’s performance was underwhelming. Microsoft Corp. witnessed a 0.71% drop to $370.62, while Alphabet Inc. Cl C rose 1.13% to $139.66, and Alphabet Inc. Cl A increased by 1.24% to $138.34.
Despite the decline, Apple’s trading volume of 50.1 million shares remained slightly below its 50-day average volume of 54.9 million shares. This indicates a consistent interest in the stock, particularly in light of market volatility.
It is important to highlight that the data used in this article was generated from Dow Jones and FactSet, with the assistance of Automated Insights, an automation technology provider. This information allows investors and analysts to understand the broader context of market volatility and the potential for short-term stock price fluctuations.
FAQ:
What was the closing price of Apple Inc. shares on Wednesday?
– The closing price of Apple Inc. shares on Wednesday was $194.83, experiencing a slight decline of 1.07%.
What were the trading volume and average trading volume of Apple Inc. shares?
– The trading volume of Apple Inc. shares on Wednesday was 50.1 million, slightly below the 50-day average trading volume of 54.9 million.
Definition:
Stock Market: A stock market is a place where buyers and sellers trade shares of companies, allowing investors to participate in the ownership of these companies.
Sources:
– Dow Jones: [dowjones.com]
– FactSet: [factset.com]
– Automated Insights: [automatedinsights.com]
The source of the article is from the blog japan-pc.jp