Microsoft's Price Action After Earnings Report Not What I Wanted

Filed under: Earnings Reports, Microsoft (MSFT), Technology

So, in my earnings preview for Microsoft Corporation's (MSFT) latest quarterly report, I mentioned that I was excited to see the numbers. More importantly, I was eager to see how the market would react to the news. Well, the numbers, as well as the reaction, are here. And although my curiosity has been satisfied, my desire for a sustained rally has gone unfulfilled (yes, I am a shareholder of the company).



At the time of this writing, Microsoft is down 0.4% to $28.75 in the extended-hours trading period. The fiscal second-quarter release, posted near the end of the regular session, did cause a little action in the shares, as this item over at The Wall Street Journal indicates. But it was short-lived.

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Microsoft's Price Action After Earnings Report Not What I Wanted originally appeared on BloggingStocks on Thu, 27 Jan 2011 18:00:00 EST. Please see our terms for use of feeds.

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