Shares of Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +0.82% shed 0.26% to $291.32 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.02% falling 0.72% to 4,274.04 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.96% falling 0.50% to 33,980.32. This was the stock's second consecutive day of losses. Microsoft Corp. closed $58.35 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 -3.30% rose 0.88% to $174.55, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +1.23% fell 1.77% to $119.55, and SAP SE ADR /zigman2/quotes/207905606/composite SAP +1.33% fell 1.33% to $92.95. Trading volume (18.2 M) remained 7.9 million below its 50-day average volume of 26.2 M.