Microsoft Corp. Stock Falls Wednesday, Underperforms Market
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Shares of Microsoft Corp. (MSFT) shed 0.59% to $240.61 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.03% to 33,743.84 and the S&P 500 Index falling 0.02% to 4,016.22. This was the stock's second consecutive day of losses. Microsoft Corp. closed $75.34 short of its 52-week high ($315.95), which the company achieved on March 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) fell 0.47% to $141.86, Alphabet Inc. Cl C (GOOGL) fell 2.50% to $96.73, and Alphabet Inc. Cl A (GOOGL) fell 2.54% to $95.22. Trading volume (66.3 M) eclipsed its 50-day average volume of 29.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 25, 2023.
(END) Dow Jones Newswires
January 25, 2023 16:32 ET (21:32 GMT)
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