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Indebta > Markets > Microsoft Corp. stock underperforms Tuesday when compared to competitors
Markets

Microsoft Corp. stock underperforms Tuesday when compared to competitors

News Room
Last updated: 2023/06/07 at 12:26 AM
By News Room
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1 Min Read
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Shares of Microsoft Corp.
MSFT,
-0.67%
slumped 0.67% to $333.68 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+0.24%
rising 0.24% to 4,283.85 and the Dow Jones Industrial Average
DJIA,
+0.03%
rising 0.03% to 33,573.28.

The stock’s fall snapped a three-day winning streak.

Microsoft Corp. closed $4.88 below its 52-week high ($338.56), which the company reached on June 5th.

The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc.
AAPL,
-0.21%
fell 0.21% to $179.21, Alphabet Inc. Cl C
GOOG,
+1.01%
rose 1.01% to $127.91, and Alphabet Inc. Cl A
GOOGL,
+1.03%
rose 1.03% to $127.31.

Trading volume (20.4 M) remained 7.4 million below its 50-day average volume of 27.7 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

News Room June 7, 2023 June 7, 2023
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