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Shares of Microsoft Corp. (MSFT) shed 2.50% to $330.22 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.22% to 4,450.32 and Dow Jones Industrial Average falling 0.83% to 34,618.24.
The stock's fall snapped a two-day winning streak.
Microsoft Corp. closed $36.56 below its 52-week high ($366.78), which the company reached on July 18th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. (AAPL) fell 0.42% to $175.01, Alphabet Inc. Cl C (GOOG) fell 0.50% to $138.30, and Alphabet Inc. Cl A (GOOGL) fell 0.51% to $137.40.
Trading volume (36.1 M) eclipsed its 50-day average volume of 25.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 15, 2023.
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(END) Dow Jones Newswires
September 15, 2023 16:33 ET (20:33 GMT)
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