Shares of Microsoft Corp.
rallied 1.53% to $259.50 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.11% to 4,170.42 and the Dow Jones Industrial Average
rising 0.90% to 34,035.99. Microsoft Corp. hit a new 52-week high, surpassing its previous peak of $259.19, which the company achieved on April 13th.
The stock underperformed when compared to some of its competitors Thursday, as Apple Inc.
rose 1.87% to $134.50, Alphabet Inc. Cl A
rose 1.93% to $2,285.25, and SAP SE ADR
rose 2.38% to $139.20. Trading volume (25.5 M) remained 2.3 million below its 50-day average volume of 27.8 M.