Connect with us

Hi, what are you looking for?

Markets

Microsoft Corp. stock underperforms Monday when compared to competitors

Shares of Microsoft Corp.
MSFT,
-1.92%
shed 1.92% to $328.60 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-0.45%
falling 0.45% to 4,328.82 and Dow Jones Industrial Average
DJIA,
-0.04%
falling 0.04% to 33,714.71.

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

Microsoft Corp. closed $22.87 below its 52-week high ($351.47), which the company reached on June 16th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc.
AAPL,
-0.76%
fell 0.76% to $185.27, Alphabet Inc. Cl C
GOOG,
-3.19%
fell 3.19% to $119.09, and Alphabet Inc. Cl A
GOOGL,
-3.27%
fell 3.27% to $118.34.

Trading volume (21.5 M) remained 6.7 million below its 50-day average volume of 28.1 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.

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Your email address will not be published.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

News

This article was written by Follow The Investment Doctor is a financial writer, highlighting European small-caps with a 5-7 year investment horizon. He strongly...

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube