Apple Inc. shares decline amidst overall market downturn
- Apple Inc. stock falls 1.47% on Friday
- Sixth consecutive day of losses for Apple Inc.
- Apple Inc. closes $25.35 short of its 52-week high
- Mixed performance compared to competitors Microsoft, Alphabet Inc. Cl C, and Alphabet Inc. Cl A
- Trading volume exceeds 50-day average volume
Factuality Level: 8
Justification: The article provides factual information about the stock market performance of Apple Inc. and its competitors. The data is sourced from Dow Jones and FactSet, which are reputable sources. However, the article does not provide any analysis or context beyond the stock market numbers.
Noise Level: 3
Justification: The article primarily focuses on the stock performance of Apple Inc. and its competitors, providing information on the percentage decrease in stock price and trading volume. However, it lacks any thoughtful analysis, scientific rigor, or actionable insights. The article also includes irrelevant information about the performance of the overall stock market and unrelated companies. Overall, it contains mostly noise and filler content.
Financial Relevance: Yes
Financial Markets Impacted: The article provides information on the stock market performance, specifically mentioning the decline in shares of Apple Inc. and other tech companies such as Microsoft and Alphabet Inc.
Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article focuses on the stock market performance and does not mention any extreme events or significant impacts.
Public Companies: Apple Inc. (AAPL), Microsoft Corp. (MSFT), Alphabet Inc. Cl C (GOOG), Alphabet Inc. Cl A (GOOGL)
Private Companies:
Key People:
Shares of Apple Inc. fell 1.47% to $172.88 on Friday, marking the stock’s sixth consecutive day of losses. The company closed $25.35 short of its 52-week high achieved in July. In comparison to competitors Microsoft, Alphabet Inc. Cl C, and Alphabet Inc. Cl A, Apple Inc. demonstrated a mixed performance. Despite the decline, trading volume exceeded the 50-day average volume.
