Microsoft Corp. Shares Rise Despite Overall Poor Trading Session

Shares of Microsoft Corp. (MSFT) showed resilience on Thursday, as they inched 0.37% higher to reach $331.32. This impressive performance came in the face of an overall downtrend in the stock market. The S&P 500 Index (SPX) fell by 0.85% to 4,278.00, while the Dow Jones Industrial Average (DJIA) experienced a 0.75% decline, settling at 33,414.17.

This upward movement in Microsoft's stock marked an end to a two-day losing streak. However, it is important to note that the company closed $35.46 short of its 52-week high of $366.78, which was reached on July 18th.

Despite the challenging market conditions, Microsoft Corp. outperformed some of its key competitors during the trading session. Apple Inc. (AAPL) saw a 0.22% decline, with shares valued at $175.46. Similarly, Alphabet Inc. Cl C (GOOG) and Alphabet Inc. Cl A (GOOGL) experienced slight drops of 0.22% and 0.15%, reaching $138.98 and $137.75 respectively.

The trading volume for Microsoft's stock was also noteworthy, with 24.9 million shares exchanged during the session. This exceeded the 50-day average volume of 20.8 million shares, indicating increased investor interest.