Tuesday, March 21, 2023
HomeMarketMicrosoft Corp. stock falls Thursday, underperforms market

Microsoft Corp. stock falls Thursday, underperforms market

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Shares of Microsoft Corp.
MSFT,
-1.65%
shed 1.65% to $231.93 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
-0.76%
falling 0.76% to 3,898.85 and Dow Jones Industrial Average
DJIA,
-0.76%
falling 0.76% to 33,044.56. This was the stock’s second consecutive day of losses. Microsoft Corp. closed $84.02 below its 52-week high ($315.95), which the company achieved on March 30th.

The stock underperformed when compared to some of its competitors Thursday, as Apple Inc.
AAPL,
+0.04%
rose 0.04% to $135.27, Alphabet Inc. Cl C
GOOG,
+2.32%
rose 2.32% to $93.91, and Alphabet Inc. Cl A
GOOGL,
+2.12%
rose 2.12% to $93.05. Trading volume (28.4 M) remained 674,090 below its 50-day average volume of 29.0 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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