Microsoft Corp. (MSFT) saw its shares rise by 1.92% on Monday, reaching $321.80. This gain took place amidst a mixed trading session for the stock market.
Overall Market Performance
During the trading session, the S&P 500 Index (SPX) experienced a slight increase of 0.01%, reaching 4,288.39. However, the Dow Jones Industrial Average (DJIA) had a decrease of 0.22%, closing at 33,433.35.
Fourth Consecutive Day of Gains
This surge resulted in Microsoft Corp.’s shares achieving their fourth consecutive day of gains. Despite this positive performance, the stock closed $44.98 lower than its 52-week high of $366.78, which was reached on July 18th.
When comparing Microsoft Corp.’s performance to some of its competitors on Monday, it showed mixed results. Apple Inc. (AAPL) saw a 1.48% increase, reaching $173.75, while Alphabet Inc. Cl C (GOOG) experienced a surge of 2.52%, closing at $135.17. Similarly, Alphabet Inc. Cl A (GOOGL) observed a rise of 2.53%, ending at $134.17.
Microsoft Corp.’s trading volume on Monday was 19.8 million, which was 3.9 million below its 50-day average volume of 23.7 million.