Home Business & Finance Microsoft Eyes History With $490 Billion Pop in Market Value
Business & Finance

Microsoft Eyes History With $490 Billion Pop in Market Value

Key Points

Microsoft Eyes History With $490 Billion Pop in Market Value Microsoft Corp. is on track to record the largest one-day increase in market value for any stock in history. Shares of the Redmond, Washington-based company soared as much as 17%, adding $490 billion to its market capitalization as of 12:55 p.m. in New York. If that holds through the close it would eclipse Nvidia Corp.’s $440 billion addition, following President Donald Trump’s announcement of a 90-day tariff pause last year, as...

Microsoft Eyes History With $490 Billion Pop in Market Value Microsoft Corp. is on track to record the largest one-day increase in market value for any stock in history. Shares of the Redmond, Washington-based company soared as much as 17%, adding $490 billion to its market capitalization as of 12:55 p.m. in New York. If that holds through the close it would eclipse Nvidia Corp.’s $440 billion addition, following President Donald Trump’s announcement of a 90-day tariff pause last year, as the biggest ever, according to data compiled by Bloomberg.
Microsoft Eyes History (ORG) Market Value Microsoft Corp. (ORG) Redmond (LOCATION) Washington (LOCATION) New York (LOCATION) Nvidia Corp.’s (ORG) Donald Trump (PERSON) Bloomberg (ORG)
Originally published by Bloomberg Markets Read original →