Microsoft spokesperson has recently announced that he cannot comment on the timing of Acquisition of Blizzard.
MSFT stock price is currently in a consolidated trend. It is currently trading near the value of $245.
Microsoft corporation which has expected to complete their acquisition of video game publisher Blizzard has been seeing a delay. Recently Microsoft spokesman David Cuddy has said that the company is now declining to comment on the timing of the transaction for the video-game publisher Activision Blizzard. US federal trade commission has sued the block deal as they think that it would hinder the competition. Regulators has said that the Microsoft’s ownership of Activision could hurt other players in the vast gaming market.
Microsoft has a total market cap of more than $1 Trillion. It has a PE of 26 with an EPS of 9.29. It is currently 30% below its 52 week high and can jump above it in upcoming months.
Is MSFT Stock Price Looking For An Upside?

Source: tradingView
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