Shares of Microsoft Corp. (MSFT) showed a modest increase of 0.14% on Monday, reaching $345.73. The stock had a positive performance amidst a highly successful trading session for the overall market. The S&P 500 Index (SPX) rose by 0.39% to 4,522.79, while the Dow Jones Industrial Average (DJIA) climbed by 0.22% to 34,585.35.
Steady Growth for Microsoft Corp.
This marks the fifth consecutive day of gains for Microsoft Corp.’s stock. Although it closed $5.74 below its 52-week high of $351.47, which was achieved on June 16th, the company has demonstrated impressive resilience.
Mixed Performance Compared to Competitors
When compared to some of its competitors, Microsoft Corp.’s stock performance was a mixture of positive and negative movements. Apple Inc. (AAPL) saw a rise of 1.73% to $193.99, while Alphabet Inc. Cl C (GOOG) experienced a slight decline of 0.51% to $125.06. Similarly, Alphabet Inc. Cl A (GOOGL) dropped by 0.61% to $124.65.
Trading Volume Remains Steady
Trading volume for Microsoft Corp. stood at 20.0 million, which was slightly below its 50-day average volume of 26.4 million. The stock maintained a relatively stable level of trading activity.
