Microsoft Corp. stock outperforms competitors despite losses on the day – MarketWatch

Microsoft Corp. stock outperforms competitors despite losses on the day – MarketWatch

Microsoft Corp. stock outperforms competitors despite losses on the day – MarketWatch 0 0 Alan Dickson

Shares of Microsoft Corp. MSFT, -0.26% shed 0.26% to $244.74 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.72% falling 0.72% to 3,873.33 and Dow Jones Industrial Average DJIA, -0.45% falling 0.45% to 30,822.42. This was the stock’s second consecutive day of losses. Microsoft Corp. closed $104.93 short of its 52-week high ($349.67), which the company reached on November 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc. AAPL, -1.10% fell 1.10% to $150.70, Alphabet Inc. Cl A GOOGL, -0.11% fell 0.11% to $102.80, and SAP SE ADR SAP, -0.56% fell 0.56% to $83.94. Trading volume (39.2 M) eclipsed its 50-day average volume of 23.7 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.
FedEx stock was tumbling after the shipping giant doubly disappointed investors with weak quarterly results and withdrawing guidance.

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