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Microsoft Shares Continue Upward Trend In a Bullish Market

Published 01/11/2023, 13:44
© Reuters.
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Microsoft Corp . (NASDAQ: NASDAQ:MSFT) shares continued their upward trajectory for the third consecutive day, rising by 0.24% to $338.11 on Tuesday, despite trading volume being lower than the 50-day average. The company's shares are still $28.67 below their 52-week high of $366.78, achieved on July 18th.

This rise occurred in a bullish market where the S&P 500 Index and the Dow Jones Industrial Average also saw increases of 0.65% and 0.38% respectively on Tuesday.

In comparison, Apple Inc.'s (NASDAQ: NASDAQ:AAPL) shares edged up by 0.28%, while Alphabet (NASDAQ:GOOGL) Inc.'s Class C (NASDAQ: GOOG) and Class A (NASDAQ: GOOGL) stocks experienced a slight downturn, falling by 0.36% and 0.31% respectively.

The trading volume for Microsoft stood at 19.7 million, which was 2.7 million below its 50-day average volume, indicating lesser trading activity than usual.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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