Why Microsoft Rallied Today
Shares of (NASDAQ: MSFT) rose by as much as 2.8% Wednesday morning before settling into a 1.6% gain as of 1:35 p.m. ET.
Microsoft investors have gotten no less than least three pieces of good news over the past two days. First, the company's pending acquisition of Activision Blizzard (NASDAQ: ATVI), thought to be in danger of being blocked, was given new life Tuesday, thanks to a judge's favorable ruling.
Amid all the news over the Activision bid, an announcement of new cybersecurity products Tuesday might have gotten lost in the shuffle. But it likely increased investor optimism over Microsoft's prospects in this high-growth market.
Source Fool.com
Microsoft Corp. Aktie
411,10 €
1,98 %
Die Microsoft Corp. Aktie ist im Trend: Deutlich mehr Buy- als Sell-Einschätzungen.
Das von der Community festgelegte Kursziel für Microsoft Corp. von 500 € impliziert eine deutliche Steigerung gegenüber dem aktuellen Kurs von 411.1 €.
