Microsoft Corp.
(NASDAQ:MSFT) stock traded slightly lower on Wednesday, underperforming the broader technology sector even as major indexes showed mixed results.
The stock slipped less than 0.5%, while the Technology Select Sector SPDR Fund (NYSE:XLK) gained 0.28%.
The Nasdaq Composite was modestly higher, while the S&P 500 edged down 0.11%.
Microsoft Technical Picture Remains Mixed Microsoft remains below several key moving averages, suggesting the stock is still working through a longer-term recovery phase.
