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Microsoft Corp. stock outperforms competitors despite losses on the day

News Room by News Room
October 19, 2023
Reading Time: 1 min read
0
GameStop Corp. Cl A stock underperforms Monday when compared to competitors

Shares of Microsoft Corp.
MSFT,
+0.37%
shed 0.59% to $330.11 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-0.85%
falling 1.34% to 4,314.60 and Dow Jones Industrial Average
DJIA,
-0.75%
falling 0.98% to 33,665.08.

This was the stock’s second consecutive day of losses.

Microsoft Corp. closed $36.67 below its 52-week high ($366.78), which the company reached on July 18th.

Despite its losses, the stock outperformed some of its competitors Wednesday, as Apple Inc.
AAPL,
-0.22%
fell 0.74% to $175.84, Alphabet Inc. Cl C
GOOG,
-0.22%
fell 1.21% to $139.28, and Alphabet Inc. Cl A
GOOGL,
-0.15%
fell 1.26% to $137.96.

Trading volume (22.9 M) eclipsed its 50-day average volume of 20.7 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.

Read the full article here

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