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Shares of Microsoft Corp. (MSFT) inched 0.98% higher to $242.58 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,019.81 and the Dow Jones Industrial Average rising 0.76% to 33,629.56. This was the stock's second consecutive day of gains. Microsoft Corp. closed $73.37 below its 52-week high ($315.95), which the company achieved on March 30th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. (AAPL) rose 2.35% to $141.11, Alphabet Inc. Cl C (GOOGL) rose 1.94% to $101.21, and Alphabet Inc. Cl A (GOOGL) rose 1.81% to $99.79. Trading volume (31.5 M) eclipsed its 50-day average volume of 28.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 23, 2023.
(END) Dow Jones Newswires
January 23, 2023 16:32 ET (21:32 GMT)
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