As noted by the website Ticker Sense, someone purchased 20 million shares of Microsoft (MSFT) at the close of trading Friday.
Buy Me Some Microsft And Make It Snappy!
What do you do on a quiet Friday afternoon if you have an extra billion dollars to burn? Well, why not take a flier on some MSFT. At the close today, 20 million shares traded driving the stock up 40 cents (1.4%). It’s hard to imagine why someone would need to get that much stock on their sheets before the weekend, but obviously there must have been a reason. Whether we’ll ever find out is the question.
Following is a six month chart for MSFT:
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