Apple stock closes down 1.89% after WWDC 2026 unveiling of AI-powered Siri and Apple Intelligence platform

Apple (AAPL) closed Monday at $301.54, down 1.89%, despite initially rising to about $317 per share following announcements at its Worldwide Developers Conference of a next-generation AI-powered Siri, the new 'Apple Intelligence' platform, and broader software updates.

The 'Apple Intelligence' platform includes a next-generation AI-powered Siri and chatbot-style app integrated into Apple's ecosystem strategy as a software-driven growth driver.

Trading volume reached 76.6 million shares, about 68% above its three-month average of 45.5 million shares. The broader market saw the S&P 500 add 0.30% to finish at 7,406, while the Nasdaq Composite rose 0.86% to close at 25,930.