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01.04.2020 MSFT Daily Analysis

MSFT closed the first quarter at $157.71, making it the only Dow Jones stock to end the first quarter in the black at  +0.00006%. All the other tech

01.04.2020 MSFT Daily Analysis
Yazar: Zack Smith

Yayınlanma: 2 Nisan 2020 11:19

Güncellenme: 15 Kasım 2024 10:00

01.04.2020 MSFT Daily Analysis

MSFT closed the first quarter at $157.71, making it the only Dow Jones stock to end the first quarter in the black at  +0.00006%. All the other tech giants ended the quarter in the red, such as Apple, which was down by 13.4% and Alphabet down by 13.25%, as every sector was impacted by the coronavirus. MSFT benefited from the high usage of cloud services due to many people working from home. Last month, MSFT put out a statement that they did not expect to meet their guidance for the first quarter due to a disruption in their supply chain because of the lockdown in China.    
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