Microsoft has had a rough year. Year-to-date, its share price is down over 30% (as of 11/3/2022), and it recently missed earnings-per-share (EPS) estimates for its fiscal 2022 fourth quarter due to weaker-than-expected PC sales. Despite this, the company continues to prioritize growth. In light of these mixed signals, traders might be wondering: where is Microsoft’s share price headed over the next few weeks?
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November 21, 2022