Shares of Microsoft Corp. shed 0.18% to $253.70 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.14% to 3,992.01 and the Dow Jones Industrial Average falling 0.18% to 32,798.40. This was the stock’s second consecutive day of losses. Microsoft Corp. closed $62.25 short of its 52-week high ($315.95), which the company reached on March 30th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. rose 0.84% to $152.87, Alphabet Inc. Cl C rose 0.51% to $94.65, and Alphabet Inc. Cl A rose 0.42% to $94.25. Trading volume (17.3 M) remained 13.5 million below its 50-day average volume of 30.7 M.