What’s Going On With Microsoft Shares

Microsoft Corp (NASDAQ: MSFT) shares are trading higher by 2.41% to $302.50 Thursday morning. The stock is trading higher on continued upward momentum after the company this week reported better-than-expected third-quarter results.

byHenry Khederian

April 27, 2023

1 minute read

Microsoft Corp (NASDAQ:MSFT) shares are trading higher by 2.41% to $302.50 Thursday morning. The stock is trading higher on continued upward momentum after the company this week reported better-than-expected third-quarter results.

Microsoft shares are also trading higher amid strong tech earnings from peer tech companies including Meta Platforms Inc, which has lifted the broader tech sector and raised earnings sentiment.

Microsoft said third-quarter revenue increased 7% year-over-year to $52.9 billion. The company’s top-line results beat consensus estimates of $51.02 billion…Read More

According to data from Benzinga Pro, MSFT has a 52-week high of $303.16 and a 52-week low of $213.43.

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By Avi Kapoor

April 3, 2:30 PM

U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 0.3% on Wednesday. The Dow traded up 0.08% to 39,200.08 while the NASDAQ rose 0.46% to 16,315.68. The S&P 500 also rose, gaining, 0.31% to 5,221.70.

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