DJ Microsoft Corp. Stock Rises Thursday, Outperforms Market
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Shares of Microsoft Corp. $(MSFT)$ advanced 1.28% to $332.58 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
The stock's rise snapped a two-day losing streak.
Microsoft Corp. closed $3.36 short of its 52-week high ($335.94), which the company reached on May 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. $(AAPL)$ rose 1.60% to $180.09, Alphabet Inc. Cl C $(GOOGL)$ rose 0.81% to $124.37, and Alphabet Inc. Cl A (GOOGL) rose 0.69% to $123.72.
Trading volume (25.8 M) remained 2.6 million below its 50-day average volume of 28.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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(END) Dow Jones Newswires
June 01, 2023 16:32 ET (20:32 GMT)
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