On Thursday, Microsoft Corporation (NASDAQ:MSFT) stock opened its trade at $63.52 and after floating in a range of $63.32 to $64.43, settled at $64.06. The stock gained 1.14% in total of its share price. The stock’s 52-week range is $48.03 – $65.91.
Microsoft Corp. persuaded a judge not to let the U.S. government out of a lawsuit alleging the company’s free-speech rights are violated by a law that blocks it from alerting users to the clandestine interception of their e-mails.
The judge said Microsoft has at least made a plausible argument that federal law muzzles its right to speak about government investigations, while not ruling on the merits of the case.
“The public debate has intensified as people increasingly store their information in the cloud and on devices with noteworthy storage capacity,” U.S. District Judge James Robart in Seattle said in Thursday’s ruling. “Government surveillance aided by service providers creates unique considerations because of the vast amount of data service providers have about their customers.”
Robart rejected the tech giant’s argument that the so-called sneak-and-peek searches amount to an unlawful search and seizure of property. Former Attorney General Loretta Lynch had argued that federal law allows the Justice Department to obtain electronic communications without disclosure of a specific warrant if it would endanger an individual or an investigation. (Source: Bloomberg)
MSFT stock’s price is now -2.81% down from its 52-week high and +35.68% up from its 52-week low. Taking a look into the performance of MSFT stock, investor will come to know that the weekly performance for this stock is valued at 1.41%, resulting in a performance for the month at 2.30%. Therefore, the stated figure displays a quarterly performance of 6.65% and year to date performance of 3.09%.
Shares of Opko Health Inc. (NASDAQ:OPK) declined -1.46% to $8.10. Stock exchanged hands with the total volume of 5.82 Million shares, as contrast to its average volume of 4.99 Million shares. The 52-week range of the share price is from $7.64 – $12.15. For trailing twelve months, EPS value for the stock is $-0.02.
Beta factor of the stock stands at 1.63. Beta factor is used to measure the volatility of the stock. The stock remained 2.79% volatile for the week and 2.92% for the month. Looking into the profitability ratios of OPK stock, investor will find its ROE, ROA, ROI standing at -0.50%, -0.40% and 0.70%, respectively.