Microsoft's (NASDAQ: MSFT) stock is down over 21% year to date as the COVID-19 pandemic continues to have lingering effects on supply chains and reopenings slow consumer demand. In January, the tech giant began acquiring video game company Activision Blizzard (NASDAQ: ATVI) for a record $68.7 billion. The deal is undergoing scrutiny from regulators worldwide, but encouraging words from Microsoft's CEO of gaming, Phil Spencer, suggest the purchase will go through. Read More...
Microsoft’s (NASDAQ: MSFT) stock is down over 21% year to date as the COVID-19 pandemic continues to have lingering effects on supply chains and reopenings slow consumer demand. In January, the tech giant began acquiring video game company Activision Blizzard (NASDAQ: ATVI) for a record $68.7 billion. The deal is undergoing scrutiny from regulators worldwide, but encouraging words from Microsoft’s CEO of gaming, Phil Spencer, suggest the purchase will go through.
Add Comment