Microsoft At Highest Level Since LinkedIn Purchase

Microsoft Inc.

shares are trading higher by $1.15 at $51.22 in Tuesday's session. It has filled the void in price action that was created when the issue traded low after announcing the purchase of LinkedIn

. After a higher open, it retreated but found support just ahead of Monday's close ($50.07), only reaching $50.16 before resuming its move higher. So far, it has reached $51.26 and is not far off that level. It would need to reach $51.48 to return to its closing price the day before its takeover of LinkedIn.