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Shares of Microsoft Corp. (MSFT) slipped 0.35% to $329.06 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.07% to 4,453.53 and the Dow Jones Industrial Average rising 0.02% to 34,624.30.
This was the stock's second consecutive day of losses.
Microsoft Corp. closed $37.72 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 Monday, as Apple Inc. (AAPL) rose 1.69% to $177.97, Alphabet Inc. Cl C (GOOG) rose 0.48% to $138.96, and Alphabet Inc. Cl A (GOOGL) rose 0.59% to $138.21.
Trading volume (16.6 M) remained 9.1 million below its 50-day average volume of 25.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 18, 2023.
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September 18, 2023 16:33 ET (20:33 GMT)
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