Stock Market

Microsoft Corp. stock falls Friday, underperforms market


Published: Jan. 5, 2024 at 4:33 p.m. ET

Shares of Microsoft Corp. MSFT dropped 0.05% to $367.75 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.18% to 4,697.24 and the Dow Jones Industrial Average DJIA rising 0.07% to 37,466.11.

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

Microsoft Corp. closed…

Shares of Microsoft Corp.

MSFT

dropped 0.05% to $367.75 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index

SPX

rising 0.18% to 4,697.24 and the Dow Jones Industrial Average

DJIA

rising 0.07% to 37,466.11.

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

Microsoft Corp. closed $16.55 short of its 52-week high ($384.30), which the company reached on November 29th.

Despite its losses, the stock outperformed some of its competitors Friday, as Apple Inc.

AAPL

fell 0.40% to $181.18, Alphabet Inc. Cl C

GOOG

fell 0.47% to $137.39, and Alphabet Inc. Cl A

GOOGL

fell 0.48% to $135.73.

Trading volume (20.1 M) remained 7.0 million below its 50-day average volume of 27.0 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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