Microsoft sees $17 billion of market value erased in just 5 minutes after judge grants Amazon’s request to block a key cloud contract

Posted by on February 14, 2020 11:07 am
Categories: Business

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Microsoft shares declined sharply Thursday afternoon immediately after a federal judge ordered a temporary halt on the JEDI contract awarded to the company by the Pentagon last year.
Shares turned negative in a matter of minutes, sl…
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