Microsoft’s record-breaking close has led to renewed interest in the performance of other Big Tech stocks. Despite being storming back from their lows this year, some major tech companies still have significant room to climb before reaching new heights.
Microsoft’s stock rose 0.8% on Thursday, finishing at $467.68, and marked the first time its shares had reached their highs since the recent selloff. The company’s resurgence has sparked renewed interest in other Big Tech stocks, which are also showing signs of recovery.
However, not all major tech companies have reached their pre-selloff levels yet. Investors are keeping a close eye on these companies as they continue to bounce back from their lows. Some of the biggest players in the industry still have significant room for growth before they can claim new records.
Market leaders such as Apple and Amazon remain below their highs, while others like Alphabet (Google) and Facebook are showing steady progress but still face some distance to cover. The performance of these stocks will be closely watched by investors as they continue to navigate the complex tech landscape.
Source: https://www.marketwatch.com/story/microsoft-shares-hit-a-record-heres-how-far-other-big-tech-stocks-are-from-their-highs-ba3f55a8