Microsoft Corp. Stock Rises Friday, Outperforms Market
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Shares of Microsoft Corp. (MSFT) rose 1.17% to $279.43 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.10% to 3,916.64 and Dow Jones Industrial Average falling 1.19% to 31,861.98. This was the stock's fifth consecutive day of gains. Microsoft Corp. closed $36.52 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 Friday, as Apple Inc. (AAPL) fell 0.55% to $155.00, Alphabet Inc. Cl C (GOOGL) rose 1.38% to $102.46, and Alphabet Inc. Cl A (GOOGL) rose 1.30% to $101.62. Trading volume (68.5 M) eclipsed its 50-day average volume of 32.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2023.
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March 17, 2023 16:32 ET (20:32 GMT)
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