Microsoft Corp. stock outperforms market on strong trading day

Microsoft Corp. stock outperforms market on strong trading day

Shares of Microsoft Corp. MSFT, +3.32% advanced 3.32% to $239.65 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.61% rising 1.61% to 3,773.86 and the Dow Jones Industrial Average DJIA, +0.76% rising 0.76% to 30,211.91. Microsoft Corp. closed $2.99 short of its 52-week high ($242.64), which the company reached on January 28th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc. AAPL, +1.65% rose 1.65% to $134.14, Alphabet Inc. Cl A GOOGL, +3.60% rose 3.60% to $1,893.07, and SAP SE ADR SAP, +2.66% rose 2.66% to $129.56. Trading volume (32.3 M) eclipsed its 50-day average volume of 28.9 M.

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