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People tended to sell when it hit yet another all-time high share price.
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Not bad for a $21K investment at the IPO.Įven those who bought early rarely kept their stock, largely because the meteoric rise in share price was so unprecedented, most assumed it wouldn’t last. Another way to look at is to consider that the split ratio is 288:1, so if you had 1000 shares at the IPO, and were wise enough to hold them, you would have 288,000 shares at about $84 per share (approximate market value ), for a total of just over $24M! That doesn’t even include the very lucrative quarterly dividends. If we adjust for the nine splits, that would be $0.07 per share today ($21 ÷ 288 =. For reference, the share price for those fortunate enough to obtain Initial Public Offering (IPO) shares was $21 on March 14, 1986. Microsoft recently reported quarterly financial earnings (Q1FY2018) which not only exceeded expectations, but resulted in all-time high stock share price since going public. In some cases, they have created opportunities, and even demand, while in others they were slow to respond or late to react. People like them and dislike them for various reasons, but I sincerely doubt that any of us can objectively dismiss the impact Microsoft has made.įounded in 1975, they are a young company by many standards, which may be a contributing factor to their success, but part of their success has been their resilience and ability to respond to changing technologies, market demands, and business opportunities. There have been many companies whose products have changed, and even revolutionized the way in which we live, but it’s hard to find one which has had the global impact of Microsoft.
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