Microsoft Corp. stock falls Friday, underperforms market

By adminJuly 22, 2023 11:43 am EDT0 ViewsNo Comments

Shares of Microsoft Corp.
MSFT,
-0.89%
slumped 0.89% to $343.77 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.03%
rising 0.03% to 4,536.34 and the Dow Jones Industrial Average
DJIA,
+0.01%
rising 0.01% to 35,227.69.

This was the stock’s third consecutive day of losses.

Microsoft Corp. closed $23.01 below its 52-week high ($366.78), which the company reached on July 18th.

The stock underperformed when compared to some of its competitors Friday, as Apple Inc.
AAPL,
-0.62%
fell 0.62% to $191.94, Alphabet Inc. Cl C
GOOG,
+0.65%
rose 0.65% to $120.31, and Alphabet Inc. Cl A
GOOGL,
+0.69%
rose 0.69% to $120.02.

Trading volume (67.6 M) eclipsed its 50-day average volume of 27.7 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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