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Shares of Microsoft Corp. (MSFT) inched 0.79% higher to $338.70 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.84% to 4,505.10 and the Dow Jones Industrial Average rising 0.96% to 34,907.11.
This was the stock's second consecutive day of gains.
Microsoft Corp. closed $28.08 short of its 52-week high ($366.78), which the company reached on July 18th.
The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. (AAPL) rose 0.88% to $175.74, Alphabet Inc. Cl C (GOOGL) rose 1.08% to $138.99, and Alphabet Inc. Cl A (GOOGL) rose 1.02% to $138.10.
Trading volume (20.2 M) remained 5.3 million below its 50-day average volume of 25.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 14, 2023.
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(END) Dow Jones Newswires
September 14, 2023 16:33 ET (20:33 GMT)
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