Shares of Microsoft Corp. /zigman2/quotes/207732364/composite MSFT -1.16% inched 0.13% higher to $249.20 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.59% falling 0.20% to 3,783.28 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.82% falling 0.14% to 30,273.87. This was the stock's third consecutive day of gains. Microsoft Corp. closed $100.47 short of 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 +0.68% rose 0.21% to $146.40, Alphabet Inc. Cl A /zigman2/quotes/202490156/lastsale GOOGL -0.51% fell 0.21% to $101.43, and SAP SE ADR /zigman2/quotes/207905606/composite SAP +0.61% fell 0.98% to $87.18. Trading volume (20.3 M) remained 5.1 million below its 50-day average volume of 25.3 M.