Tuesday, February 7, 2023
HomeMarketMicrosoft Corp. stock falls Monday, underperforms market

Microsoft Corp. stock falls Monday, underperforms market

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Shares of Microsoft Corp.
slipped 1.73% to $240.45 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 0.90% to 3,817.66 and Dow Jones Industrial Average
falling 0.49% to 32,757.54. This was the stock’s third consecutive day of losses. Microsoft Corp. closed $103.85 below its 52-week high ($344.30), which the company reached on December 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc.
fell 1.59% to $132.37, Alphabet Inc. Cl C
fell 1.88% to $89.15, and Alphabet Inc. Cl A
fell 2.02% to $88.44. Trading volume (29.5 M) remained 1.9 million below its 50-day average volume of 31.4 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.

Credit: marketwatch.com

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