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Microsoft Corp. stock falls Thursday, underperforms market

Shares of Microsoft Corp.
MSFT,
-2.31%
slipped 2.31% to $346.87 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.47%
rising 0.47% to 35,225.18 and the S&P 500 Index
SPX,
-0.68%
falling 0.68% to 4,534.87.

This was the stock’s second consecutive day of losses.

Microsoft Corp. closed $19.91 short of its 52-week high ($366.78), which the company achieved on July 18th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc.
AAPL,
-1.01%
fell 1.01% to $193.13, Alphabet Inc. Cl C
GOOG,
-2.65%
fell 2.65% to $119.53, and Alphabet Inc. Cl A
GOOGL,
-2.32%
fell 2.32% to $119.20.

Trading volume (32.8 M) eclipsed its 50-day average volume of 27.4 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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This article was written by Follow Andrew Hecht is a 35-year Wall Street veteran covering commodities and precious metals. He runs the investing group...