Apple Inc. stock drops 3.58% and underperforms compared to competitors
- Apple Inc. stock dropped 3.58% on Tuesday
- The stock underperformed compared to competitors
- Apple Inc. closed $13.98 below its 52-week high
- Trading volume exceeded the 50-day average volume
Shares of Apple Inc. dropped 3.58% on Tuesday, marking the stock’s second consecutive day of losses. The stock closed $13.98 below its 52-week high and underperformed when compared to competitors such as Microsoft Corp. and Alphabet Inc. Trading volume exceeded the 50-day average volume.
Public Companies: Apple Inc. (AAPL), Microsoft Corp. (MSFT), Alphabet Inc. Cl C (GOOG), Alphabet Inc. Cl A (GOOGL)
Private Companies:
Key People:
Factuality Level: 8
Justification: The article provides factual information about the stock performance of Apple Inc. and its competitors, as well as the trading session for the stock market. The information is based on data from Dow Jones and FactSet. However, the article does not provide any analysis or context beyond the stock performance numbers.
Noise Level: 2
Justification: The article primarily consists of stock market data and statistics, with no analysis or insights provided. It is a straightforward report on the performance of Apple Inc. and its competitors. The inclusion of the Editor’s Note mentioning the source of the story adds some transparency, but overall, the article lacks depth and does not provide any actionable insights or new knowledge.
Financial Relevance: Yes
Financial Markets Impacted: The article provides information on the stock market performance of Apple Inc. (AAPL), Microsoft Corp. (MSFT), Alphabet Inc. Cl C (GOOG), and Alphabet Inc. Cl A (GOOGL).
Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article discusses the stock market performance of Apple Inc. and its competitors, but there is no mention of any extreme events or significant impacts.
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