In a surprise to many in the industry, Yahoo! Japan has announced that it will not be using Microsoft Corporation (NASDAQ:MSFT)’s services for its search portal.
Microsoft Corporation (NASDAQ:MSFT) stocks are currently standing at 26.02 as of 7/27/2010, which equates to a -0.095 – -0.36% change over the previous trading day.
Microsoft Corporation (NASDAQ:MSFT) Suffers Japan Blow
In what looks to be a snub to Microsoft Corporation (NASDAQ:MSFT) from Yahoo! Japan, the search portal has decided to use Google’s advertising and search platform.
Yahoo! Inc is not a majority owner of Yahoo! Japan, as they run a joint venture with Softbank, the biggest ISP in the country. Yahoo! Inc has a worldwide partnership with Microsoft Corporation (NASDAQ:MSFT), which has been approved by regulators who saw it as a way of producing competition for Google’s search dominance.
If you’re contemplating investing in Microsoft Corporation (NASDAQ:MSFT) stocks, make sure you make the trade at the right price. Timing the market or technical analysis can be a difficult task, but do take into account the price history:
Last Price: 26.02
52 Week Low / High: 22.73 / 31.58
50 Day Moving Average: 25.59
6 Month Price Change %: -11.0%
12 Month Price Change %: 11.3%
We will be monitoring the Microsoft Corporation (NASDAQ:MSFT) stock price for changes over the next few weeks.