Microsoft Corp. Stock Rises Friday, Outperforms Market
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Shares of Microsoft Corp. (MSFT) advanced 1.05% to $280.57 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,970.99 and the Dow Jones Industrial Average rising 0.41% to 32,237.53. This was the stock's second consecutive day of gains. Microsoft Corp. closed $35.38 short of its 52-week high ($315.95), which the company reached on March 30th.
The stock outperformed some of its competitors Friday, as Apple Inc. (AAPL) rose 0.83% to $160.25, Alphabet Inc. Cl C (GOOGL) fell 0.19% to $106.06, and Alphabet Inc. Cl A (GOOGL) fell 0.15% to $105.44. Trading volume (28.0 M) remained 5.1 million below its 50-day average volume of 33.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2023.
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March 24, 2023 16:32 ET (20:32 GMT)
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