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.
FedEx stock was tumbling after the shipping giant doubly disappointed investors with weak quarterly results and withdrawing guidance.
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