Shares of Microsoft Corp. MSFT, -0.06% slumped 0.18% to $270.90 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, 0.27% rising 0.13% to 4,297.50 and the Dow Jones Industrial Average DJIA, 0.24% rising 0.61% to 34,502.51. The stock’s fall snapped a two-day winning streak. Microsoft Corp. closed $0.75 short of its 52-week high ($271.65), which the company reached on June 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. AAPL, -0.14% rose 0.46% to $136.96, Alphabet Inc. Cl A GOOGL, 0.28% fell 0.15% to $2,441.79, and SAP SE ADR SAP, 0.16% fell 1.66% to $140.46. Trading volume (20.6 M) remained 3.9 million below its 50-day average volume of 24.4 M.