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Shares of Microsoft Corp. (MSFT) shed 5.50% to $251.99 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 4.32% to 3,932.69 and Dow Jones Industrial Average falling 3.94% to 31,104.97. The stock's fall snapped a four-day winning streak. Microsoft Corp. closed $97.68 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 Tuesday, as Apple Inc. (AAPL) fell 5.87% to $153.84, Alphabet Inc. Cl A (GOOGL) fell 5.90% to $104.32, and SAP SE ADR (SAP.XE) fell 3.47% to $85.86. Trading volume (33.1 M) eclipsed its 50-day average volume of 23.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 13, 2022.
(END) Dow Jones Newswires
September 13, 2022 16:32 ET (20:32 GMT)
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