Rick Sherlund of Nomura Securities, who has been covering Microsoft for 25 years, believes that Mulally will still end up with the Microsoft job and it will lift the company's stock.
After the announcement, the company's stock price jumped as much as 17.73 percent, the highest intra-day stock jump since November 2008, and it closed the day at $90.52.
The company's stock price fell just over 30 percent in the days following its revelation, but investors could have avoided the loss by following MSCI's warning.
With its share price down by 37% since July, investors may not be reassured by his suggestion on November 20th that he would be in office“for decades”.
Its stock has languished as iPhone sales growth appears to have peaked, and the company is engaged in a public battle with the US government over security, privacy and encryption….
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