Microsoft had a “hell of a month”. Stock price reached an all-time high

Microsoft’s latest moves were well received by investors. The corporation’s share price has been steadily rising, which is also linked to the completion of the Activision Blizzard acquisition.

Microsoft is gearing up for a major launch of the first Call of Duty game following the completion of the industry’s biggest deal. Call of Duty: Modern Warfare 3 arrives on Friday and will be the first Microsoft game released after the Activision acquisition.

The significant expansion of Microsoft Gaming is reflected in its performance on the US stock market. Over the month, the Xbox maker’s share price rose by nearly 10% and set an all-time record high.

“Microsoft had a hell of a month:

• 1. stock hits all-time high. Up nearly 10%.
• 2. beat earnings and revenue.
• 3. closed Activision Blizzard acquisition. Biggest deal in company history.
• 4. Sam Altman announced ChatGPT reaches 100M weekly active users. (Microsoft invested $30B and it could be worth $90B today)”.

In the coming months, Microsoft could consistently deliver strong results: Call of Duty: Modern Warfare 3 is releasing soon, followed by Hellblade 2 and Avowed next year. The company is preparing at least a few surprises in 2024.

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