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Home Markets

Microsoft Corp. stock outperforms competitors despite losses on the day

by author
October 27, 2022
in Markets
Reading Time: 1 min read
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Shares of Microsoft Corp.
MSFT,
-1.98%
shed 1.98% to $226.75 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.61%
rising 0.61% to 32,033.28 and the S&P 500 Index
SPX,
-0.61%
falling 0.61% to 3,807.30. This was the stock’s second consecutive day of losses. Microsoft Corp. closed $122.92 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 Thursday, as Apple Inc.
AAPL,
-3.05%
fell 3.05% to $144.80, Alphabet Inc. Cl A
GOOGL,
-2.85%
fell 2.85% to $92.22, and SAP SE ADR
SAP,
-0.33%
fell 0.33% to $97.44. Trading volume (39.0 M) eclipsed its 50-day average volume of 27.3 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: Applications Softwarearticle_normalComputers/Consumer ElectronicsComputingFinancial PerformanceInternet Search EnginesOnline Service ProvidersShare Price Movement/DisruptionsSoftwareTechnology
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