Microsoft Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Microsoft Corp. (MSFT) slid 2.58% to $272.23 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. The stock's fall snapped a five-day winning streak. Microsoft Corp. closed $43.72 short of its 52-week high ($315.95), which the company achieved on March 30th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. (AAPL) rose 1.55% to $157.40, Alphabet Inc. Cl C (GOOGL) fell 0.52% to $101.93, and Alphabet Inc. Cl A (GOOGL) fell 0.39% to $101.22. Trading volume (42.7 M) eclipsed its 50-day average volume of 32.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
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March 20, 2023 16:32 ET (20:32 GMT)
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