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Microsoft Corp. stock outperforms competitors on strong trading day

by author
October 24, 2022
in Markets
Reading Time: 1 min read
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Shares of Microsoft Corp.
MSFT,
+2.12%
advanced 2.12% to $247.25 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+1.19%
rising 1.19% to 3,797.34 and the Dow Jones Industrial Average
DJIA,
+1.34%
rising 1.34% to 31,499.62. This was the stock’s second consecutive day of gains. Microsoft Corp. closed $102.42 below its 52-week high ($349.67), which the company achieved on November 22nd.

The stock outperformed some of its competitors Monday, as Apple Inc.
AAPL,
+1.48%
rose 1.48% to $149.45, Alphabet Inc. Cl A
GOOGL,
+1.37%
rose 1.37% to $102.52, and SAP SE ADR
SAP,
+0.14%
rose 0.14% to $91.01. Trading volume (24.7 M) remained 953,925 below its 50-day average volume of 25.7 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.

Tags: article_normalC&E Exclusion FilterC&E Industry News FilterCommodity/Financial Market NewsContent TypesCorporate/Industrial NewsEquity MarketsFactiva FiltersFinancial PerformanceShare Price Movement/Disruptions
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