Apple Stock Dips Despite Outperforming Tech Peers
- Apple Inc. stock fell 1.07% to $194.83 on Wednesday despite overall poor market condition
- The NASDAQ and Dow Jones indices fell 1.50% and 1.27% respectively
- Apple stock closed $4.79 short of its 52-week high of $199.62 on December 14
- Apple underperformed compared to Microsoft (down 0.71%) but outperformed Alphabet Inc.
- Apple's trading volume of 50.1M was 4.8M below 50-day average volume of 54.9M