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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Microsoft Corporation | NASDAQ:MSFT | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 7.19 | 1.76% | 416.25 | 416.50 | 416.70 | 399.8899 | 388.0355 | 394.06 | 40,583,055 | 00:59:58 |
From Apr 2022 to Apr 2024
--Microsoft Corp. is substantially reducing its business in Russia on the heels of the invasion of Ukraine in a move that will affect more than 400 employees, Bloomberg reports.
--The technology giant is significantly scaling down its Russian operations as a result of changes to the economic outlook and the impact on its business in the country, Bloomberg reports, citing an emailed statement from the company.
--Microsoft will continue to fulfill existing contractual obligations with Russian customers, while the suspension of new sales implemented in March remains in effect, according to the report.
Full story: https://www.bloomberg.com/news/articles/2022-06-08/microsoft-slashes-russia-operations-after-war-clouds-outlook?sref=cvDKYV7o
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
June 08, 2022 06:53 ET (10:53 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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