Microsoft’s premarket gain of 7.5% adding 130 points to blue-chip Dow average
Shares of Microsoft Corp.
shot up 7.4% toward a one-year high in premarket trading Wednesday, in the wake of better-than-expected earnings and guidance, enough to pace the Dow Jones Industrial Average’s DJIA early gainers. The software behemoth’s stock was on track for the biggest percentage gain since it rose 8.2% on Nov. 10, 2022, but the implied price gain would be a record, as the previous record was a $19.77 on March 13, 2020.
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