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Shares of Microsoft Corp. MSFT rallied 1.57% to $280.74 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.42% to 4,130.29 and the Dow Jones Industrial Average DJIA rising 0.97% to 32,845.13. This was the stock's third consecutive day of gains. Microsoft Corp. closed $68.93 below its 52-week high ($349.67), which the company reached on November 22nd.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. AAPL rose 3.28% to $162.51, Alphabet Inc. Cl A GOOGL rose 1.84% to $116.32, and SAP SE ADR SAP rose 1.57% to $93.21. Trading volume (31.7 M) eclipsed its 50-day average volume of 28.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 29, 2022.
(END) Dow Jones Newswires
July 29, 2022 16:32 ET (20:32 GMT)
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