Microsoft Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of Microsoft Corp. (MSFT) shed 1.48% to $248.59 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,861.59 and Dow Jones Industrial Average falling 1.07% to 31,909.64. This was the stock's fourth consecutive day of losses. Microsoft Corp. closed $67.36 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 Friday, as Apple Inc. (AAPL) fell 1.39% to $148.50, Alphabet Inc. Cl C (GOOGL) fell 1.78% to $91.01, and Alphabet Inc. Cl A (GOOGL) fell 1.83% to $90.63. Trading volume (28.3 M) remained 2.4 million below its 50-day average volume of 30.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2023.
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March 10, 2023 16:32 ET (21:32 GMT)
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