Shares of Microsoft Corp. shed 2.66% to $262.15 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.38% to 4,090.41 and Dow Jones Industrial Average falling 1.26% to 33,696.85. This was the stock’s second consecutive day of losses. Microsoft Corp. closed $53.80 short of its 52-week high ($315.95), which the company reached on March 30th.
The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. fell 1.04% to $153.71, Alphabet Inc. Cl C fell 1.36% to $95.78, and Alphabet Inc. Cl A fell 1.48% to $95.51. Trading volume (29.1 M) remained 3.3 million below its 50-day average volume of 32.3 M.