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Home Markets

Microsoft Corp. stock rises Friday, outperforms market

by author
October 28, 2022
in Markets
Reading Time: 1 min read
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Shares of Microsoft Corp.
MSFT,
+4.02%
advanced 4.02% to $235.87 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+2.46%
rising 2.46% to 3,901.06 and the Dow Jones Industrial Average
DJIA,
+2.59%
rising 2.59% to 32,861.80. The stock’s rise snapped a two-day losing streak. Microsoft Corp. closed $113.80 below its 52-week high ($349.67), which the company reached on November 22nd.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc.
AAPL,
+7.56%
rose 7.56% to $155.74, Alphabet Inc. Cl A
GOOGL,
+4.41%
rose 4.41% to $96.29, and SAP SE ADR
SAP,
+0.28%
rose 0.28% to $97.71. Trading volume (40.5 M) eclipsed its 50-day average volume of 27.8 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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