On Friday, shares of Microsoft Corp. surged 1.29% to reach $352.80. This positive movement took place amidst a highly successful trading session for the overall stock market. The S&P 500 Index rose by 0.94% to close at 4,358.34, while the Dow Jones Industrial Average experienced a 0.66% increase, reaching 34,061.32.
Sixth Consecutive Day of Gains
Microsoft Corp. witnessed its sixth consecutive day of gains, reflecting its consistent positive performance in recent times.
Close to 52-Week High
The closing price of Microsoft Corp. fell short by $13.98 of its 52-week high of $366.78. This high point was achieved by the company on July 18th.
Mixed Performance Compared to Competitors
In comparison to its competitors, Microsoft Corp.’s stock showed mixed results on Friday. While Apple Inc. declined by 0.52% to $176.65, Alphabet Inc. Cl C rose by 1.39% to $130.37, and Alphabet Inc. Cl A increased by 1.26% to $129.10.
Higher Trading Volume
The trading volume for Microsoft Corp., which reached 23.3 million shares, exceeded its 50-day average volume of 22.6 million shares.
