Wednesday, February 8, 2023
HomeMarketMicrosoft Corp. stock outperforms competitors on strong trading day

Microsoft Corp. stock outperforms competitors on strong trading day

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Shares of Microsoft Corp.
MSFT,
+1.04%
advanced 1.04% to $247.58 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+0.59%
rising 0.59% to 4,027.26 and the Dow Jones Industrial Average
DJIA,
+0.28%
rising 0.28% to 34,194.06. This was the stock’s third consecutive day of gains. Microsoft Corp. closed $96.72 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 Wednesday, as Apple Inc.
AAPL,
+0.59%
rose 0.59% to $151.07, Alphabet Inc. Cl A
GOOGL,
+1.45%
rose 1.45% to $98.46, and SAP SE ADR
SAP,
+0.21%
rose 0.21% to $109.85. Trading volume (19.3 M) remained 11.8 million below its 50-day average volume of 31.1 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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