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Shares of Apple slumped 0.76% today to $185.27

Bank of America upgrades Apple to ‘Buy’ on the tech giant’s anticipated AI plans.

Shares of Apple Inc. (AAPL) slumped 0.76% to US$185.27 today “on what proved to be an all-around dismal trading session for the stock market,” reports MarketWatch.

Th the NASDAQ Composite Index COMP fell 1.16% to 13,335.78, and Dow Jones Industrial Average DJIA dipped 0.04% to 33,714.71. This was the stock’s second consecutive day of losses. 

Apple Inc. closed $2.29 below its 52-week high ($187.56), which the company reached on June 23. However, as MarketWatch notes, despite its losses, the stock outperformed some of its competitors Monday, as Microsoft Corp. MSFT fell 1.92% to $328.60, Alphabet Inc. Cl C GOOG fell 3.19% to $119.09, and Alphabet Inc. Cl A GOOGL fell 3.27% to $118.34.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.