What's Going On With Microsoft Shares Friday? (CORRECTED)

Editor’s Note: This article has been corrected to indicate that Microsoft stock is trading below its 50-day moving average.

Microsoft Corporation (NASDAQ:MSFT) shares are trending on Friday. The company is anticipated to release 2024 fiscal year fourth quarter earnings on Tuesday after the market closes.

The Details: For the fourth quarter, analysts estimate EPS of $2.93 and revenue of $64.35 billion.

Microsoft stock is currently trading at $426.54, below its 50-day moving average of $438.90. The stock is trading towards the middle of its 52-week range, which is from $309.45 to $468.35.

The stock’s average session volume is 19.063 million and it’s currently trading below that at 5.68 million. Separately, on Tuesday, Piper Sandler analyst Brent Bracelin reiterated Microsoft with a Overweight and raised the price target from $465 to $485.

How To Buy Microsoft Stock

By now you're likely curious about how to participate in the market for Microsoft (NASDAQ:MSFT) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

See Also: Nvidia-Supplier SK Hynix Pledges $6.8B For New Chip Plant In South Korea

MSFT Price Action: Microsoft shares are trading 1.95% higher at $426.54 per data from Benzinga Pro.

Image: Photo via Shuttershock

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