Analysts said that the Corporation’s market capitalization increased to $ 600 billion for the first time in 17 years.
Capitalization (valuation) of Microsoft Corporation exceeded $600 billion for the first time since 2000.
“Last time capitalization of Microsoft reached $600 billion on 3 January 2000. Analysts have linked the rise in the value of shares of the Corporation on its achievements in the field of cloud computing under the control of new CEO Satya Nadella”, – notes the edition.
With the beginning of the year Microsoft shares have risen by about a quarter. At the end of last trading session on Nasdaq, securities of the Corporation rose 0.4% to $77,91.
Recall that in the ranking of Forbes 200 most respected companies, Microsoft is on the 16th place.
Earlier it was reported that bill gates again become the richest – but not for long, says Bloomberg.
Also read: Apple Shares reached a new historic maximum
Also, Microsoft has developed an app that tells visually impaired people what is happening around.
© 2017 – 2019, paradox. All rights reserved.
