Stocks
Microsoft Stock Soars 3.64% to Reach $516.67 Intraday High
Microsoft's stock price surged by 3.64% on Thursday, reaching an intraday high of $516.67.
The company's market capitalization added over $137 billion in a single session, exceeding the total value of most individual names in the S&P 500 index.
The stock initially climbed steadily through the early part of the session before dipping from its intraday high mid-session, only to rebound above $514.
Whether Microsoft's price holds onto this level and closes above it will determine whether this move is a durable breakout or just a single-session spike.