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Aug. 15, 2022, 4:31 p.m. EDT

Microsoft Corp. stock rises Monday, outperforms market

MarketWatch Automation

Shares of Microsoft Corp. (NAS:MSFT) inched 0.53% higher to $293.47 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index (S&P:SPX) rising 0.40% to 4,297.14 and the Dow Jones Industrial Average (DOW:DJIA) rising 0.45% to 33,912.44. This was the stock's second consecutive day of gains. Microsoft Corp. closed $56.20 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 Monday, as Apple Inc. (NAS:AAPL) rose 0.63% to $173.19, Alphabet Inc. Cl A (NAS:GOOGL) rose 0.33% to $122.08, and SAP SE ADR (NYS:SAP) fell 0.15% to $95.81. Trading volume (17.9 M) remained 8.9 million below its 50-day average volume of 26.9 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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