Shares of Microsoft Corp. (MSFT) experienced a slight decline of 0.26% on Thursday, closing at $326.66. This drop occurred amidst a challenging trading session for the broader stock market. The S&P 500 Index (SPX) fell by 0.25% to 4,501.89, while the Dow Jones Industrial Average (DJIA) also saw a decline of 0.19% to 35,215.89.
Second Consecutive Day of Losses
This marks the second consecutive day of losses for Microsoft Corp.’s stock.
Stock Falls Short of 52-week High
Microsoft Corp.’s stock closed $40.12 below its 52-week high of $366.78, which was achieved on July 18th.
Mixed Performance Compared to Competitors
In comparison to some of its competitors on Thursday, Microsoft Corp. demonstrated a mixed performance. Apple Inc. (AAPL) saw a decline of 0.73% to $191.17, while Alphabet Inc. Cl C (GOOG) rose by 0.10% to $128.77, and Alphabet Inc. Cl A (GOOGL) rose by 0.05% to $128.45.
Trading Volume Remains Below Average
The trading volume for Microsoft Corp. was 17.9 million, which remained 12.0 million below its 50-day average volume of 29.9 million.