Microsoft Stock Closes At 13 Year High



Microsoft shares gained 1.6% to close at $38.94. Microsoft last closed above $38.94 on July 18, 2000, when it ended the day at $39.25.  The stock was up today on the good news from the European Union that had approved the Nokia deal without any conditions imposed.  The stock has been up significantly this year on speculation of the new CEO and the possibilities that Bing and Xbox may be sold.  I suspect the stock may pull back some after the new CEO is announced and investors realize that these two parts of the company will never be sold.

Ballmer’s and Gates net worth probably went up significantly on this alone.

Source: Nasdaq

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