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Shares of Microsoft Corp. (MSFT) rallied 2.43% to $289.16 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.13% to 4,210.24 and the Dow Jones Industrial Average rising 1.63% to 33,309.51. This was the stock's second consecutive day of gains. Microsoft Corp. closed $60.51 below its 52-week high ($349.67), which the company achieved on November 22nd.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) rose 2.62% to $169.24, Alphabet Inc. Cl A (GOOGL) rose 2.63% to $119.70, and SAP SE ADR (SAP.XE) rose 2.46% to $96.07. Trading volume (24.3 M) remained 3.0 million below its 50-day average volume of 27.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 10, 2022.
(END) Dow Jones Newswires
August 10, 2022 16:32 ET (20:32 GMT)
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