Microsoft Corp. stock underperforms Tuesday when compared to competitors
Shares of Microsoft Corp. (MSFT) shed 2.66% to $288.49 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index (SPX) falling 1.22% to 4,356.45 and Dow Jones Industrial Average (DJIA) falling 0.19% to 34,297.73. Microsoft Corp. closed $61.18 short of its 52-week high ($349.67), which the company achieved on November 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Apple Inc. (AAPL) fell 1.14% to $159.78, Alphabet Inc. Cl A (GOOGL) fell 2.96% to $2,538.70, and SAP SE ADR (SAP) fell 1.05% to $132.32. Trading volume (64.3 M) eclipsed its 50-day average volume of 31.3 M.