Microsoft Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Microsoft Corp. (MSFT) rose 2.03% to $266.82 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.02% to 4,088.85 and the Dow Jones Industrial Average rising 1.34% to 32,654.59. This was the stock's third consecutive day of gains. Microsoft Corp. closed $82.85 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 Tuesday, as Apple Inc. (AAPL) rose 2.54% to $149.24, Alphabet Inc. Cl A (GOOGL) rose 1.77% to $2,329.46, and SAP SE ADR (SAP.XE) rose 1.56% to $99.06. Trading volume (28.7 M) remained 4.7 million below its 50-day average volume of 33.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2022.
(END) Dow Jones Newswires
May 17, 2022 16:32 ET (20:32 GMT)
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