Market Overview

Microsoft Lower Despite Q4 Beat

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Microsoft Corporation (NASDAQ: MSFT) shares were seen trading lower by 53 cents at $73.69 in Friday's session.

The stock is in the red despite posting a Q4 EPS beat along with a $44 million beat for revenues. Keep in mind, it had a nice rally ahead of the report. It was higher in nine of its previous 10 sessions, with the one outlier being a nickel decline on Tuesday.

Over that course of time, Microsoft has rallied from its July 6 close ($68.57) to an all-time high on Thursday at $74.30. That high was matched in Friday's session when the stock peaked at $74.29 off the opening bell. That area was of added significance since its all-time closing posted on Thursday was just under that high at $74.22.

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