Microsoft Corp. shares underperform on Friday compared to competitors, despite daily gains

Microsoft Corp. shares underperform on Friday compared to competitors, despite daily gains

by

Microsoft Corp shares. MSFT,
+ 0.61%
advanced 0.61% higher, to $ 219.62 on Friday, in what proved to be a totally favorable trading session for the stock market, with the S&P 500 SPX index,
+ 0.55%
rising 0.55% to 3,824.68 and the Dow Jones Industrial Average DJIA,
+ 0.18%
rising 0.18% to 31,097.97. This was the second consecutive day of earnings for the stock. Microsoft Corp. closed $ 13.24 below its 52-week high ($ 232.86), which the company hit on September 2.

The stock underperformed when compared to some of its competitors on Friday, such as Apple Inc. AAPL,
+ 0.86%
rose 0.86% to $ 132.05, Alphabet Inc. Cl A GOOGL,
+ 1.32%
rose 1.32% to $ 1,797.83 and SAP SE ADR SAP,
+ 1.83%
rose 1.83% to $ 131.16. Turnover (22.9 M) remained 5.4 million below its average 50-day volume of 28.2 M.

Editor’s note: this story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

.Source