Microsoft Corp. Stock Rises Tuesday, Still Underperforms Market
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Shares of Microsoft Corp. (MSFT) inched 0.57% higher to $273.78 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,002.87 and the Dow Jones Industrial Average rising 0.98% to 32,560.60. Microsoft Corp. closed $42.17 short of its 52-week high ($315.95), which the company reached on March 30th.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. (AAPL) rose 1.19% to $159.28, Alphabet Inc. Cl C (GOOGL) rose 3.84% to $105.84, and Alphabet Inc. Cl A (GOOGL) rose 3.66% to $104.92. Trading volume (33.9 M) eclipsed its 50-day average volume of 33.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 21, 2023.
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March 21, 2023 16:32 ET (20:32 GMT)
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