Microsoft Corp. falls on Thursday, still outperforms the market

Microsoft Corp. shares MSFT,
-0.17%
slipped 0.17% to $ 243.79 on Thursday, on what turned out to be a bad trading session for the stock market, with the S&P 500 SPX index,
-0.44%
down 0.44% to 3,913.97 and Dow Jones Industrial Average DJIA,
-0.38%
down 0.38% to 31,493.34. Microsoft Corp. closed $ 2.34 below its 52 week high ($ 246.13), which the company hit on February 16.

The stock showed a mixed performance against some of its competitors on Thursday, such as Apple Inc. AAPL,
-0.86%
fell 0.86% to $ 129.71, Alphabet Inc. Cl A GOOGL,
-0.60%
fell 0.60% to $ 2,105.81, and SAP SE ADR SAP,
+ 1.88%
rose 1.88% to $ 128.68. Transaction volume (16.9 million) remained 11.5 million below its 50-day average volume of 28.3 million