Microsoft Corp. Stock Falls Friday, Underperforms Market
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Shares of Microsoft Corp. (MSFT) slipped 0.94% to $274.73 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.57% to 4,123.34 and Dow Jones Industrial Average falling 0.30% to 32,899.37. This was the stock's second consecutive day of losses. Microsoft Corp. closed $74.94 below its 52-week high ($349.67), which the company reached on November 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc. (AAPL) rose 0.47% to $157.28, Alphabet Inc. Cl A (GOOGL) fell 0.65% to $2,314.93, and SAP SE ADR (SAP.XE) fell 3.69% to $96.14. Trading volume (37.0 M) eclipsed its 50-day average volume of 32.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2022.
(END) Dow Jones Newswires
May 06, 2022 16:32 ET (20:32 GMT)
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