Microsoft Corporation (NASDAQ:MSFT) Officially Confirms Cancellation of Scalebound for Xbox One and Windows 10

Several matter pinch shares of Microsoft Corporation (NASDAQ:MSFT) [Trend Analysis], as shares plunging -0.10% to $62.58 with a share volume of 4.29 Million. Microsoft (MSFT) has officially confirmed the cancellation of Scalebound for Xbox One and Windows 10. The action role-playing game was in development at PlatinumGames, creators of classics such as Vanquish and Bayonetta.

“After careful deliberation, Microsoft Studios has come to the decision to end production for “Scalebound.” We’re working hard to deliver an amazing lineup of games to our fans this year, including “Halo Wars 2,” “Crackdown 3,” “State of Decay 2,” “Sea of Thieves” and other great experiences,” Microsoft said in a statement to Windows Central. The stock is going forward its 52-week low with 33.42% and moving down from its 52-week high price with -2.37%. To have technical analysis views, liquidity ratio of a company was calculated 2.70 as evaluated with its debt to equity ratio of 1.06. The float short ratio was 0.69%, as compared to sentiment indicator; Short Ratio was 1.89.

NVIDIA Corporation (NASDAQ:NVDA) [Trend Analysis] luring active investment momentum, shares a loss -1.22% to $105.97. The expectations had jumped high when Nvidia (NVDA) bought itself the 2017 international CES keynote, everything reported by Nvidia were highly praised. Except that there is no GeForce GTX 1080 Ti announcement was made.

Everybody was fixed on their chair when NVIDIA CEO presented his keynote during the kickoff night of CES 2017 in Las Vegas. While they were patiently waiting for the announcement of high-end SKU GTX 1080 Ti, hopes died down when Jen-Hsun Huang failed to mention the most expected graphics card. The total volume of 6.38 Million shares held in the session was surprisingly higher than its average volume of 16373.19 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -3.60%, and looking further price to next year’s EPS is 11.37%. While take a short look on price to sales ratio, that was 9.23 and price to earnings ratio of 56.05 attracting passive investors.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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