Microsoft Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Microsoft Corp. (MSFT) rose 1.78% to $265.44 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.70% to 3,891.93 and Dow Jones Industrial Average falling 0.87% to 31,874.57. This was the stock's third consecutive day of gains. Microsoft Corp. closed $50.51 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 Wednesday, as Apple Inc. (AAPL) rose 0.26% to $152.99, Alphabet Inc. Cl C (GOOGL) rose 2.44% to $96.55, and Alphabet Inc. Cl A (GOOGL) rose 2.28% to $96.11. Trading volume (45.4 M) eclipsed its 50-day average volume of 31.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 2023.
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March 15, 2023 16:33 ET (20:33 GMT)
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