Microsoft Corporation (MSFT) Dips 4.17% for December 24
Equities Staff Follow |Among the S&P 500’s biggest fallers on Monday December 24 was Microsoft Corporation (MSFT). The stock experienced a 4.17% decline to $94.13 with 43.93 million shares changing hands.
Microsoft Corporation started at an opening price of 97.68 and hit a high of $97.97 and a low of $93.98. Ultimately, the stock took a hit and finished the day at $4.1 per share. Microsoft Corporation trades an average of n/a shares a day out of a total 7.68 billion shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Microsoft Corporation hit a high of $116.18 and a low of $83.83 over the last year.
Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three overarching segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops). Through acquisitions, Microsoft owns Xamarin, LinkedIn, and GitHub. It reports revenue in product and service and other revenue on its income statement.
With its headquarters located in Redmond, WA, Microsoft Corporation employs 131,000 people. After today’s trading, the company’s market cap has fallen to $722.56 billionAs for its value, has a P/E ratio of <40.8, a P/S of 6.56, a P/B of 8.4, and a P/FCF of n/a.
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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.
The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.
To get more information on Microsoft Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: MSFT’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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