Microsoft Closes Down 9.25% After Its Earnings Report Fails To Impress The Street
January 27, 2015 at 16:43 PM EST
Today, Microsoft shed tens of billions of dollars in value, after its earnings failed to impress the investing classes. Microsoft closed down 9.25 percent in regular trading. The company’s shares slipped after-hours yesterday by several points in the immediate aftermath of the report, which indicated that Microsoft had earned $0.71 per share on revenue of $26.5 billion. The latter… Read More