Shares of Microsoft Corp. (MSFT) saw a modest increase of 0.92% on Tuesday, reaching a price of $372.52. This rise comes in the midst of a challenging trading session for the stock market, with the S&P 500 Index (SPX) falling 0.06% to 4,567.18 and the Dow Jones Industrial Average (DJIA) dropping 0.22% to 36,124.56.
This positive movement in Microsoft’s stock marked the end of a two-day losing streak, providing some relief for investors. While the stock closed $11.78 below its 52-week high of $384.30 achieved on November 29th, it still showed resilience amidst a tough market environment.
In comparison to its competitors on Tuesday, Microsoft’s performance was overshadowed. Apple Inc. (AAPL) saw a solid increase of 2.11% to $193.42, while both Alphabet Inc. Cl C (GOOG) and Alphabet Inc. Cl A (GOOGL) experienced a rise of 1.35% and 1.33%, respectively, reaching prices of $132.39 and $130.99.
The trading volume for Microsoft’s stock remained slightly lower than its 50-day average volume, with 22.9 million shares traded compared to the average of 25.6 million shares.
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