Microsoft Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Microsoft Corp. (MSFT) shed 1.49% to $276.38 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 3,977.53 and the Dow Jones Industrial Average rising 0.60% to 32,432.08. The stock's fall snapped a two-day winning streak. Microsoft Corp. closed $39.57 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 Monday, as Apple Inc. (AAPL) fell 1.23% to $158.28, Alphabet Inc. Cl C (GOOGL) fell 2.83% to $103.06, and Alphabet Inc. Cl A (GOOGL) fell 2.83% to $102.46. Trading volume (26.8 M) remained 6.4 million below its 50-day average volume of 33.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2023.
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March 27, 2023 16:32 ET (20:32 GMT)
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