Wed, 26 Apr 2023 12:57:26 GMT
Microsoft stock price surges
Microsoft published its quarterly results after Tuesday's trading hours. The company has revealed stunning results, which caused the stock to trade up 8.37% at $298.72, before Wednesday's open. The stock price has reached levels not seen since April 2022.
In general, the company has beat its quarterly revenue and profit expectations. Namely, earnings are 9.42% and revenues are 3.60% higher