Wednesday, February 1, 2023
HomeMarketMicrosoft Corp. stock falls Tuesday, underperforms market

Microsoft Corp. stock falls Tuesday, underperforms market

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Shares of Microsoft Corp.
MSFT,
-2.03%
shed 2.03% to $245.12 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
-1.44%
falling 1.44% to 3,941.26 and Dow Jones Industrial Average
DJIA,
-1.03%
falling 1.03% to 33,596.34. This was the stock’s second consecutive day of losses. Microsoft Corp. closed $99.18 below its 52-week high ($344.30), which the company reached on December 29th.

Despite its losses, the stock outperformed some of its competitors Tuesday, as Apple Inc.
AAPL,
-2.54%
fell 2.54% to $142.91, Alphabet Inc. Cl C
GOOG,
-2.56%
fell 2.56% to $97.31, and Alphabet Inc. Cl A
GOOGL,
-2.51%
fell 2.51% to $96.98.true Trading volume (22.4 M) remained 7.7 million below its 50-day average volume of 30.1 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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