Microsoft Corp. stock outperforms competitors despite losses on the day

News Room
1 Min Read

Shares of Microsoft Corp.
MSFT,
-0.02%
slipped 0.02% to $287.18 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-0.58%
falling 0.58% to 4,100.60 and Dow Jones Industrial Average
DJIA,
-0.59%
falling 0.59% to 33,402.38. This was the stock’s second consecutive day of losses. Microsoft Corp. closed $27.69 below its 52-week high ($314.87), which the company reached on April 5th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Apple Inc.
AAPL,
-0.32%
fell 0.32% to $165.63, Alphabet Inc. Cl C
GOOG,
+0.20%
rose 0.20% to $105.12, and Alphabet Inc. Cl A
GOOGL,
+0.34%
rose 0.34% to $104.72. Trading volume (25.8 M) remained 7.0 million below its 50-day average volume of 32.8 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Read the full article here

Share this Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *