Microsoft's share price breaches $100 mark for the first time in history
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Not long ago we reported that Microsoft has beaten Google to become the third largest company in terms of Market Capitalization. It seems like Microsoft is on a bullish run and is refusing to stop. Today the company’s shares broke the $100 mark.
At the time of writing this article, Microsoft (MSFT) is trading at $100.62 and shows an upward trend. For the first time in the company’s history, Microsoft’s shares have been trading at more than $100. There is still time before the stock market closes in the USA, there’s a very little chance that Microsoft’s shares will fall below $100.
This is really a sign of Satya’s leadership style which is benefiting Microsoft. His leadership style combined with decisions related to cloud and reorganization of Microsoft has paid off. Satya made sure to make Microsoft less dependent on Windows and focus on other areas as well. This had a direct effect on the company’s financial position in the market. Many analysts feel Microsoft is heading to be the first Trillion Dollar company, though of course both Amazon and Apple are ahead of Microsoft, with Amazon, in particular, growing rapidly.
While Microsoft is still miles away from being a trillion dollar company, this sure is the step in the right direction and we can safely say that the company is benefiting from Satya’s direction and pragmatic leadership.
