Microsoft Corp. Stock Outperforms Market Despite Losses On The Day
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Shares of Microsoft Corp. (MSFT) slumped 0.54% to $272.29 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,936.97 and Dow Jones Industrial Average falling 1.63% to 32,030.11. Microsoft Corp. closed $43.66 short of its 52-week high ($315.95), which the company achieved on March 30th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Apple Inc. (AAPL) fell 0.91% to $157.83, Alphabet Inc. Cl C (GOOGL) fell 1.53% to $104.22, and Alphabet Inc. Cl A (GOOGL) fell 1.48% to $103.37.true Trading volume (34.7 M) eclipsed its 50-day average volume of 32.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 22, 2023.
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March 22, 2023 16:32 ET (20:32 GMT)
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