Home Options Trading Advantage Options – Shares of Microsoft Volatile on Mixed News

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Shares of Microsoft (MSFT) were unusually volatile in trading on Tuesday as traders absorbed a variety of news releases on the company. Firstly, MSFT revealed that it would halt patches for AMD chips due to harmful side effects of the patch. This sent AMD shares lower, and MSFT shares also dipped briefly after this news but then quickly recovered and the stock rallied higher on a partnership announcement between WWE and NextVR that will allow virtual reality highlights to be downloaded in the Microsoft Windows Mixed Reality software. MSFT was also upgraded by Oppenheimer. MSFT shares closed at 88.22, down -0.07% for the session.


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