Microsoft Corp. stock outperforms market on strong trading day

By adminJuly 19, 2023 7:09 am EDT0 ViewsNo Comments

Shares of Microsoft Corp.
MSFT
rose 3.98% to $359.49 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX
rising 0.71% to 4,554.98 and the Dow Jones Industrial Average
DJIA
rising 1.06% to 34,951.93.

This was the stock’s sixth consecutive day of gains.

Microsoft Corp. hit a new 52-week high, surpassing its previous peak of $351.47, which the company achieved on June 16th.

The stock outperformed some of its competitors Tuesday, as Apple Inc.
AAPL
fell 0.13% to $193.73, Alphabet Inc. Cl C
GOOG
fell 0.78% to $124.08, and Alphabet Inc. Cl A
GOOGL
fell 0.71% to $123.76.

Trading volume (64.5 M) eclipsed its 50-day average volume of 26.3 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.

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