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Oct. 27, 2021, 4:31 p.m. EDT

Microsoft Corp. stock rises Wednesday, outperforms market

MarketWatch Automation

Shares of Microsoft Corp. (NAS:MSFT) rallied 4.21% to $323.17 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index (S&P:SPX) falling 0.51% to 4,551.68 and Dow Jones Industrial Average (DOW:DJIA) falling 0.74% to 35,490.69. This was the stock's second consecutive day of gains. Microsoft Corp. hit a new 52-week high, surpassing its previous peak of $312.40, which the company achieved on October 26th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. (NAS:AAPL) fell 0.31% to $148.85, Alphabet Inc. Cl A (NAS:GOOGL) rose 4.96% to $2,924.35, and SAP SE ADR (NYS:SAP) fell 0.58% to $144.88. Trading volume (52.3 M) eclipsed its 50-day average volume of 22.8 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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