Why Microsoft Stock Is Surging Today
Microsoft stock has been on a roll following its recent earnings report.
Overview
Microsoft (NASDAQ: MSFT) stock is seeing another day of strong gains in this Monday's trading, with its share price up 5.2% as of 1:50 p.m. ET. The S&P 500 had risen 1.4% at the same point in the daily session, and the Nasdaq Composite was up 2.1%.
The broader market is rallying today on news that the U.S. and Iran are once again negotiating to end the war. Microsoft stock is also getting a continued boost from the stellar earnings report that it published last week and new coverage from Goldman Sachs.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.