It would be a gangster move for Microsoft to acquire Discord and move into PC game distribution and compete with Steam.
And more generally speaking Iād love for them to stop doing buybacks and instead focus on these kind of acquisitions (Github was another great one). They should of bought Zoom & Slack a few years ago
To get to $3k a share its pretty much got to 10x from here so youd be looking at a 20Trillion dollar market cap valuation at that point so Iād say youād be waiting a while. Itās already had many share splits over the years hence why itās not already in the multiple 1000s a share.
Share price is arbitrary, i.e. a share price of $100 or $1,000 doesnāt mean anything on its own because the company can be split up into any number of shares in theory.
You could have a company with ten shares at $1,000 each, that doesnāt mean itās a big or successful company. You can look up a companyās market cap and divide by the number of āshares outstandingā to get its share price. Hope that helps.
Microsoft have a track record for splitting their stock, creating more of it to reduce the price, this doesnāt affect how much the company is worth. Theyāve done it 9 times since 1987 mostly halving the price each time.
Fun fact if you brought 10 shares at IPO in 1987 you would now hold 2,880 shares but crucially still own the same amount of the company. (Ā„)
If Microsoft hadnāt done this theyāre share price would be 288x times higher or $93,499 (ā¬)
Boring bit-
(Ā„) If we ignore any new shares created as part of an acquisition or compensation package, which they defiantly have done but you get the idea
(ā¬) The share a price wouldnāt be this high as it would have been impossible for most people to buy a Microsoft share at such a high price before fractional shares were available- less buyers means lower prices.
This⦠Some new investors minds are going to be blown if we see a 20%+ bear market for a period of time⦠Iām seeing buy when the streets are red with blood quotes after a 3%pullback