Microsoft Stock Climbs After Strong Earnings, Stock Split Speculation

Microsoft Shares Rise

Microsoft Corporation (MSFT) shares surged 5% in extended trading on Thursday, May 19, 2023, after the software giant reported strong fiscal third-quarter earnings. The company's revenue and earnings per share both exceeded analysts' expectations.

Stock Split Speculation

The rise in Microsoft's stock price was further fueled by speculation that the company may announce a stock split soon. A stock split involves dividing existing shares into a greater number of shares, which can make them more affordable for individual investors and increase liquidity in the market.

Microsoft has a history of stock splits, with its most recent split occurring in 2003. With its current share price hovering around $333 at the time of writing, a potential 10-for-1 stock split could make the stock more appealing to a wider range of investors.

However, it's important to note that Microsoft has not officially announced any plans for a stock split. Investors should exercise caution and not make investment decisions based solely on speculation.