Shares of Microsoft Corp. /zigman2/quotes/207732364/composite MSFT -0.98% slumped 0.18% to $329.49 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.51% rising 1.42% to 4,577.10 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.08% rising 1.82% to 34,639.79. This was the stock's third consecutive day of losses. Microsoft Corp. closed $20.18 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 Thursday, as Apple Inc. /zigman2/quotes/202934861/composite AAPL -0.02% fell 0.61% to $163.76, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL -1.57% rose 1.36% to $2,859.32, and SAP SE ADR /zigman2/quotes/207905606/composite SAP -0.34% rose 0.28% to $130.17. Trading volume (29.4 M) eclipsed its 50-day average volume of 24.4 M.