Microsoft Corp. stock outperforms competitors on strong trading day
Shares of Microsoft Corp. (MSFT) rose 2.85% to $296.71 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index (SPX) falling 0.15% to 4,349.93 and Dow Jones Industrial Average (DJIA) falling 0.38% to 34,168.09. Microsoft Corp. closed $52.96 below its 52-week high ($349.67), which the company achieved on November 22nd.
The stock outperformed some of its competitors Wednesday, as Apple Inc. (AAPL) fell 0.06% to $159.69, Alphabet Inc. Cl A (GOOGL) rose 1.81% to $2,584.66, and SAP SE ADR (SAP) fell 0.03% to $132.28. Trading volume (89.5 M) eclipsed its 50-day average volume of 32.3 M.