Microsoft Shares Surge 15.5%, Best Day Since 2008
Microsoft stock closed 15.5% higher on Wednesday, its strongest single-day performance since October 2008, adding $455 billion in market cap.
MSFT
Microsoft shares soared in Wednesday's session, ending the day with a 15.5% gain. The rally marked the stock's best daily performance in over 15 years, since the depths of the global financial crisis in October 2008.
The surge added roughly $455 billion to the company's market capitalization in a single trading day. No specific catalyst was identified in the initial report.
Source: The Kobeissi Letter