Microsoft (MSFT) Slumps Amid Rumors of Joint Dell (DELL) Bid
Microsoft Corp (Nasdaq:: MSFT) shares are active as traders instinctively reached for the "Sell" button amid reports that in might be in talks with private equity firm Silver Lake over a possible bid for Dell, Inc. (Nasdaq: DELL).
Some may be questioning why Microsoft would sink a large chunk of cash into Dell, though Microsoft's own expectations might not mimic market sentiment.
Shares are down 0.3 percent following the knee-jerk reaction Tuesday.
Some may be questioning why Microsoft would sink a large chunk of cash into Dell, though Microsoft's own expectations might not mimic market sentiment.
Shares are down 0.3 percent following the knee-jerk reaction Tuesday.