Apple Stock Drops 1.2%, Lags Broader Market
- Apple Inc. stock fell 1.23% to $183.63 on Tuesday
- Apple underperformed the broader market (NASDAQ down 0.19%; Dow down 0.62%)
- Apple closed $15.99 below its 52-week high of $199.62
- Apple underperformed some competitors like Microsoft (up 0.46%) and Alphabet (down just 0.11%)
- Apple's trading volume of 65.4M exceeded its 50-day average volume of 53.5M