Shares of Microsoft Corp.
MSFT,
sank 0.80% to $269.32 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
rising 0.28% to 4,147.60 and the Dow Jones Industrial Average
DJIA,
rising 0.11% to 34,128.05. The stock’s fall snapped a two-day winning streak. Microsoft Corp. closed $46.63 short of its 52-week high ($315.95), which the company achieved on March 30th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc.
AAPL,
rose 1.39% to $155.33, Alphabet Inc. Cl C
GOOG,
rose 2.26% to $97.10, and Alphabet Inc. Cl A
GOOGL,
rose 2.39% to $96.94. Trading volume (28.3 M) remained 3.8 million below its 50-day average volume of 32.2 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