Microsoft Corp. stock falls Friday, underperforms market
Published: Sept. 15, 2023 at 4:33 p.m. ET
Shares of Microsoft Corp. MSFT shed 2.50% to $330.22 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 1.22% to 4,450.32 and Dow Jones Industrial Average DJIA falling 0.83% to 34,618.24.
The stock’s fall snapped a two-day winning streak.
Microsoft Corp. closed $36.56…
Shares of Microsoft Corp.
MSFT
shed 2.50% to $330.22 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX
falling 1.22% to 4,450.32 and Dow Jones Industrial Average
DJIA
falling 0.83% to 34,618.24.
The stock’s fall snapped a two-day winning streak.
Microsoft Corp. closed $36.56 below its 52-week high ($366.78), which the company reached on July 18th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc.
AAPL
fell 0.42% to $175.01, Alphabet Inc. Cl C
GOOG
fell 0.50% to $138.30, and Alphabet Inc. Cl A
GOOGL
fell 0.51% to $137.40.
Trading volume (36.1 M) eclipsed its 50-day average volume of 25.5 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.
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