Microsoft Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Microsoft Corp. (MSFT) advanced 4.05% to $276.20 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.76% to 3,960.28 and the Dow Jones Industrial Average rising 1.17% to 32,246.55. This was the stock's fourth consecutive day of gains. Microsoft Corp. closed $39.75 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 Thursday, as Apple Inc. (AAPL) rose 1.87% to $155.85, Alphabet Inc. Cl C (GOOGL) rose 4.68% to $101.07, and Alphabet Inc. Cl A (GOOGL) rose 4.38% to $100.32. Trading volume (53.4 M) eclipsed its 50-day average volume of 31.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 16, 2023.
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March 16, 2023 16:32 ET (20:32 GMT)
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