Microsoft Corp. Stock Outperforms Competitors On Strong Trading Day

Great Lakes Dredge & Dock Corp

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Industrials : Construction & Engineering | Small Cap Blend

Company profile

Great Lakes Dredge & Dock Corporation is a provider of dredging services. The Company provides dredging services in the East and Gulf Coasts of the United States and around the world. Its dredging generally involves the enhancement or preservation of the navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock. Domestically, its work generally is performed in coastal waterways and deep-water ports. Its United States dredging market consists of four primary types of work: capital, coastal protection, maintenance and rivers and lakes. It operates three principal types of dredging equipment: hopper dredges, hydraulic dredges and mechanical dredges. Its domestic dredging fleet is positioned on the East and Gulf Coasts, with a smaller number of vessels positioned on the West Coast, and with many of the rivers and lakes dredges on inland rivers and lakes.

Microsoft Corp. Stock Outperforms Competitors On Strong Trading Day

4:31 pm ET June 24, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Microsoft Corp. MSFT rallied 3.41% to $267.70 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 3.06% to 3,911.74 and the Dow Jones Industrial Average DJIA rising 2.68% to 31,500.68. This was the stock's second consecutive day of gains. Microsoft Corp. closed $81.97 short of 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 Friday, as Apple Inc. AAPL rose 2.45% to $141.66, Alphabet Inc. Cl A GOOGL rose 5.11% to $2,359.50, and SAP SE ADR SAP rose 4.42% to $98.41. Trading volume (33.6 M) eclipsed its 50-day average volume of 33.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 24, 2022.

(END) Dow Jones Newswires

June 24, 2022 16:31 ET (20:31 GMT)