Is Microsoft Stock Going to $500?
Since last October, when (NASDAQ: MSFT) surged to an all-time high of $540 per share, the stock has been in free fall. As of March 3, shares are down some 24% from those October highs to $410 per share.
The drop is in part due to investors rotating out of overvalued tech stocks, but there are also Microsoft-specific concerns that have caused the price to tank. Most of the decline came after Microsoft's fiscal second-quarter earnings report for the period ended Dec. 31. Shares plummeted more than 17% to below $400 per share on several concerns.
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Source Fool.com
Microsoft Corp. Aktie
328,35 €
0,46 %
Leichtes Buy-Übergewicht bei der Microsoft Corp. Aktie mit 158 zu 6 Einschätzungen.
Ein Kursziel von 503 € für Microsoft Corp. signalisiert eine potenzielle Steigerung von über 50% gegenüber dem aktuellen Kurs von 328.35 €.
