Microsoft Says We Welcome The Opportunity To Present Our Case In Federal Court
Portfolio Pulse from Benzinga Newsdesk
Microsoft announced that it welcomes the opportunity to present its case in federal court, following the recent antitrust lawsuit filed against it and Activision Blizzard.
June 12, 2023 | 4:57 pm
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NEUTRAL IMPACT
Activision Blizzard is involved in an antitrust lawsuit with Microsoft, which is set to present its case in federal court.
The antitrust lawsuit involving Activision Blizzard and Microsoft may have a neutral short-term impact on Activision Blizzard's stock price. The outcome of the case will determine the future impact on the company's stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Microsoft is set to present its case in federal court, following the antitrust lawsuit filed against it and Activision Blizzard.
Microsoft's statement shows its readiness to defend itself in court, which may have a neutral short-term impact on its stock price. The outcome of the case will determine the future impact on the company's stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100