Microsoft’s stock has gained 64% since March 2020, when pandemic lockdowns began going into effect in the United States.
In April, Microsoft reported sales were up 19% year-over-year to $41.7 billion for the three months ended March 31.
“Over a year into the pandemic, digital adoption curves aren’t slowing down,” CEO Satya Nadella said in a statement at the time. “We are building the cloud for the next decade, expanding our addressable market and innovating across every layer of the tech stack to help our customers be resilient and transform.”