Microsoft (MSFT) Stock Explodes Nearly 7% Higher in After-Hours Trading Surge
Microsoft Corp (NASDAQ: MSFT) shares experienced a relatively calm regular trading session on April 30th before rocketing higher in after-hours activity. The tech behemoth closed the official market day with a modest gain, but investor excitement clearly built after the bell.
The stock finished the standard trading day at 395.26 USD. This represented an increase of 1.22 USD, or 0.31%, compared to the previous close of 394.04 USD. Trading for the day began at 390.30 USD, with shares reaching a high of 396.66 USD and dipping to a low of 384.44 USD.
However, the real story unfolded in the extended session. As of 8:00 pm GMT-4, Microsoft’s stock price had surged dramatically in after-hours trading, reaching 422.66 USD. This marks a substantial gain of 27.40 USD, translating to an impressive 6.93% jump from the official closing price. This significant move suggests strong positive sentiment or reaction to news released after market hours.
Microsoft maintains its position as one of the world’s largest companies, reflected in its market capitalization of approximately 2.94 Trillion USD. The company’s Price-to-Earnings (P/E) ratio is reported at 31.84, and it offers shareholders a dividend yield of 0.84%.
This recent price action occurs within the context of Microsoft’s performance over the last year. The stock’s 52-week high stands at 468.35 USD, with the 52-week low recorded at 344.79 USD.
