XLK - What's Going On With Microsoft Stock Today? | Benzinga
Microsoft Corporation’s (NASDAQ:MSFT) shares are trading relatively flat in the premarket session on Tuesday.
Mizuho analyst Gregg Moskowitz maintains Microsoft with an Outperform and raises the price target from $450 to $480.
On Tuesday, the U.K. Competition and Markets Authority said it is investigating Microsoft’s hiring of certain former employees of Inflection AI, Inc. and its entry into associated arrangements with Inflection.
The deadline for phase 1 decision is September 11, 2024. The CMA is investigating whether Microsoft’s recruitment of former Inflection employees and their related agreements may constitute a merger under the Enterprise Act 2002.
According to Benzinga Pro, MSFT stock has gained over 31% in the past year. Investors can gain exposure to the stock via ETF Opportunities Trust ...