Tuesday, February 7, 2023
HomeMarketMicrosoft Corp. stock outperforms competitors despite losses on the day

Microsoft Corp. stock outperforms competitors despite losses on the day

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Shares of Microsoft Corp.
MSFT,
-2.32%
slid 2.32% to $241.76 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-1.54%
falling 1.54% to 3,963.94 and Dow Jones Industrial Average
DJIA,
-1.45%
falling 1.45% to 33,849.46. This was the stock’s second consecutive day of losses. Microsoft Corp. closed $102.54 short of 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.
AAPL,
-2.63%
fell 2.63% to $144.22, Alphabet Inc. Cl C
GOOG,
-1.38%
fell 1.38% to $96.25, and Alphabet Inc. Cl A
GOOGL,
-1.45%
fell 1.45% to $96.05. Trading volume (23.7 M) remained 6.9 million below its 50-day average volume of 30.6 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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