Microsoft Corp. Stock Rises Tuesday, Outperforms Market
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Shares of Microsoft Corp. (MSFT) rallied 2.71% to $260.79 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.68% to 3,920.56 and the Dow Jones Industrial Average rising 1.06% to 32,155.40. This was the stock's second consecutive day of gains. Microsoft Corp. closed $55.16 short of its 52-week high ($315.95), which the company reached on March 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Apple Inc. (AAPL) rose 1.41% to $152.59, Alphabet Inc. Cl C (GOOGL) rose 2.83% to $94.25, and Alphabet Inc. Cl A (GOOGL) rose 3.14% to $93.97. Trading volume (33.1 M) eclipsed its 50-day average volume of 31.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2023.
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March 14, 2023 20:32 ET (00:32 GMT)
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