Good news hasn't helped stock price
SeattlePI | at | by Mike
It was an especially eventful summer for Microsoft, with the company unveiling new initiatives to take on rivals Apple Computer and Google, announcing plans for an unprecedented payout to shareholders, and cutting a key feature from designs for the next version of Windows.
Not to mention winning a critical appeals court ruling that upheld its U.S. antitrust settlement. And releasing a long-awaited update meant to make Windows more secure.
But to look at Microsoft's stock price over the same time period, it's almost as if nothing happened -- good or bad. To the surprise of some analysts, amid all the tumult, Microsoft shares have stayed within a relatively limited price range, from $26 to $29 a share.