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Home » Markets » Microsoft Corp. stock outperforms competitors despite losses on the day
Markets

Microsoft Corp. stock outperforms competitors despite losses on the day

Crypto Observer StaffBy Crypto Observer StaffJanuary 3, 2024No Comments1 Min Read
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Shares of Microsoft Corp.
MSFT,
-1.37%
slid 1.37% to $370.87 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.07%
rising 0.07% to 37,715.04 and the S&P 500 Index
SPX,
-0.57%
falling 0.57% to 4,742.83.

The stock’s fall snapped a two-day winning streak.

Microsoft Corp. closed $13.43 below its 52-week high ($384.30), which the company achieved on November 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Apple Inc.
AAPL,
-3.58%
fell 3.58% to $185.64, Alphabet Inc. Cl C
GOOG,
-0.97%
fell 0.97% to $139.56, and Alphabet Inc. Cl A
GOOGL,
-1.09%
fell 1.09% to $138.17.

Trading volume (24.8 M) remained 2.3 million below its 50-day average volume of 27.2 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.

Read the full article here

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