Microsoft Hits 52-Week High: What’s Driving MSFT Stock?

Shares of Microsoft Corporation (NASDAQ:MSFT) rallied to a 52-week high of $102.6 on Jun6, eventually closing marginally lower at $102.49. Shares of Microsoft have returned 20.9% year to date, outperforming the industry’s rally of 18.4%. Microsoft’s acquisition of the open-source software development platform giant, GitHub will helpthe company in becoming more future-oriented by encouraging more developers to create services and apps.This in turn will aid Azure to compete better against other computing giants by being more appealing to customers. …read more

Source:: Yahoo Finance

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