Microsoft stock grew by nearly 30% this year

Microsoft stock has risen despite the pandemic

Microsoft stock

Microsoft stock grew by nearly 30% this year. Source: shutterstock.com

According to LearnBonds, Microsoft has its stock up nearly 28% this year, with a closing price of $202.88 on July 20th.

The report reveals that in the quarter, Microsoft is expected to gain $36.5 billion in revenues, compared to $33.7 billion in 2019. Along with that, its earnings per share are anticipated to grow from $1.37 to $1.38 over the period.

As to the other tech stocks, Amazon, Alphabet, and Apple are respectively up 73%, 15.3%, and 31.3% year to date. In fact, all these companies have a market capitalization topping $1 trillion.

We’ve seen two years’ worth of digital transformation in two months. From remote teamwork and learning to sales and customer service, to critical cloud infrastructure and security – we are working alongside customers every day to help them adapt and stay open for business in a world of remote everything
Satya Nadella, Microsoft’s chief executive 

We’ve reported that Microsoft has announced the acquisition of ADRM Software to help firms to more holistically capture and define business concepts.

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