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Microsoft Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

DowjonesNews MarketWatch ·  Oct 18, 2021 16:31

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Microsoft Corp. (MSFT) rallied 1.01% to $307.29 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.34% to 4,486.46 and the Dow Jones Industrial Average falling 0.10% to 35,258.61. This was the stock's fourth consecutive day of gains. Microsoft Corp. hit a new 52-week high, surpassing its previous peak of $305.84, which the company achieved on August 20th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc. (AAPL) rose 1.18% to $146.55, Alphabet Inc. Cl A (GOOGL) rose 1.00% to $2,855.56, and SAP SE ADR (SAP.XE) fell 0.45% to $145.37. Trading volume (22.5 M) remained 89,439 below its 50-day average volume of 22.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 18, 2021.

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