Microsoft Corp. Stock Rises Wednesday, Outperforms Market
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Shares of Microsoft Corp. (MSFT) rose 1.29% to $336.06 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.12% to 4,467.44 and the Dow Jones Industrial Average falling 0.20% to 34,575.53.
Microsoft Corp. closed $30.72 below its 52-week high ($366.78), which the company achieved on July 18th.
The stock outperformed some of its competitors Wednesday, as Apple Inc. (AAPL) fell 1.19% to $174.21, Alphabet Inc. Cl C (GOOGL) rose 1.05% to $137.50, and Alphabet Inc. Cl A (GOOGL) rose 1.01% to $136.71.
Trading volume (16.5 M) remained 8.9 million below its 50-day average volume of 25.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 13, 2023.
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September 13, 2023 16:34 ET (20:34 GMT)
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