#Microsoft November 29
We may earn money or products from the companies mentioned in this post.
Throughout November 2024, several of us are taking part in the 30-Day Dow Jones Coach4aday Challenge. Each day, we explore the history or learn about a company within the DJIA—a key economic and stock market indicator. Today’s post is on MICROSOFT.
![](https://i0.wp.com/coach4aday.com/wp-content/uploads/2024/11/Microsoft.png?resize=244%2C78&ssl=1)
Microsoft was founded on April 4, 1975, by Bill Gates and Paul Allen. The company’s first major success was developing the BASIC programming language for the Altair 8800, a popular early microcomputer. Microsoft’s pivotal moment came in 1980 when it partnered with IBM to provide the MS-DOS operating system, establishing its dominance in the software industry.
Microsoft went public on March 13, 1986, with an initial public offering (IPO) price of $21 per share. The stock debuted on the NASDAQ,
Dow Jones 30-Day Challenge Guidelines
Like previous challenges there are no hard and fast rules to participate. There are a few suggested guidelines
- Each day in November 2024 write about the history or a company that makes up the Dow Jones.
- Share at least one fact about that company.
- If so inclined use the hash tag #Coach4adayChallenge on social media platforms
November 29th-Microsoft
In 2023 Microsoft biggest revenue stream comes from Azure and other intelligent Cloud services. Revenue is over 80 billion dollars a year.
Microsoft stock symbol MSFT joined the Dow Jones Industrial Average (DJIA) on June 1, 1999. When it first appeared, its price was less than $25.00 a share. On November 26, 2024, the closing price was $427.99 a share. MSFT has gone under 9 stock splits since 1987. One share in 1987 would be equal to 288 today.
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