Microsoft’s Value Jumped By $77 Billion After Announcing Plans To Potentially Buy TikTok

Technology giant Microsoft recently confirmed that it was speaking with TikTok about a potential purchase of the viral app’s operations in the US and other countries, and this led to a significant surge in the company’s stock price and total value.
Business Insider noticed that Microsoft’s stock price rose by more than 5 percent following the news, and this works out to an increase of around $77 billion to Microsoft’s total market value. The company is now worth more than $1.6 trillion.

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