Connect with us

Hi, what are you looking for?

Markets

Microsoft Corp. stock falls Wednesday, underperforms market

Shares of Microsoft Corp.
MSFT,
-3.09%
shed 3.09% to $323.38 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.27%
rising 0.27% to 33,665.02 and the S&P 500 Index
SPX,
-0.38%
falling 0.38% to 4,267.52.

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

Microsoft Corp. closed $15.18 below its 52-week high ($338.56), which the company reached on June 5th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc.
AAPL,
-0.78%
fell 0.78% to $177.82, Alphabet Inc. Cl C
GOOG,
-3.89%
fell 3.89% to $122.94, and Alphabet Inc. Cl A
GOOGL,
-3.78%
fell 3.78% to $122.50.

Trading volume (40.7 M) eclipsed its 50-day average volume of 27.6 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.

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

News

This article was written by Follow Donovan Jones is a research specialist with 15 years of experience identifying opportunities for IPOs and public software...

News

This article was written by Follow I’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared...

News

This article was written by Follow Samuel Smith has a diverse background that includes being lead analyst and Vice President at several highly regarded...