Microsoft Corp. Stock Falls Thursday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Microsoft Corp. (MSFT) shed 2.00% to $255.35 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.13% to 3,930.08 and Dow Jones Industrial Average falling 0.33% to 31,730.30. This was the stock's second consecutive day of losses. Microsoft Corp. closed $94.32 below its 52-week high ($349.67), which the company achieved on November 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. (AAPL) fell 2.69% to $142.56, Alphabet Inc. Cl A (GOOGL) fell 0.67% to $2,256.88, and SAP SE ADR (SAP.XE) rose 1.44% to $96.97. Trading volume (50.7 M) eclipsed its 50-day average volume of 32.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2022.
(END) Dow Jones Newswires
May 12, 2022 16:32 ET (20:32 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.