Shares of Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +0.10% rallied 1.97% to $241.07 Wednesday, 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 +0.12% rising 1.97% to 3,719.04 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.24% rising 1.88% to 29,683.74. The stock's rise snapped a three-day losing streak. Microsoft Corp. closed $108.60 below its 52-week high ($349.67), which the company achieved on November 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. /zigman2/quotes/202934861/composite AAPL -1.11% fell 1.27% to $149.84, Alphabet Inc. Cl A /zigman2/quotes/202490156/lastsale GOOGL -1.25% rose 2.62% to $100.05, and SAP SE ADR /zigman2/quotes/207905606/composite SAP +0.06% rose 2.96% to $81.46. Trading volume (29.0 M) eclipsed its 50-day average volume of 24.5 M.