Finally Some Profit-Taking In Microsoft

shares are trading lower by $0.70 at $52.99 in Wednesday's session. Even while the market was rallying earlier in the day, shares of the software giant were under selling pressure. It is poised to end its four-day winning streak that started one day before its earnings beat at $47.20. Two sessions following the beat, the issue closed at $54.25. The pair of highs from Monday ($54.32) and Tuesday ($54.37) may have signaled a temporary peak in its uncharacteristic rally.

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