Shares of Microsoft Corp.
MSFT,
shed 3.54% to $220.10 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
falling 2.50% to 3,759.69 and Dow Jones Industrial Average
DJIA,
falling 1.55% to 32,147.76. This was the stock’s third consecutive day of losses. Microsoft Corp. closed $129.57 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 Wednesday, as Apple Inc.
AAPL,
fell 3.73% to $145.03, Alphabet Inc. Cl A
GOOGL,
fell 3.87% to $86.97, and SAP SE ADR
SAP,
fell 1.95% to $93.97. Trading volume (38.2 M) eclipsed its 50-day average volume of 28.5 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Read More: Microsoft Corp. stock falls Wednesday, underperforms market