Amazon Up Slightly, Microsoft Edges Lower on JEDI Injunction
February 13 2020 - 3:15PM
Dow Jones News
By Josh Beckerman
Amazon.com Inc. shares recently were up 0.3% to $2,166.70 and
Microsoft Corp. shares were down 0.5% to $183.70 after Amazon won a
preliminary injunction related to controversial U.S. military cloud
contract.
The Defense Department awarded the JEDI contract, potentially
worth up to $10 billion, to Microsoft in October. Amazon said in
November it would protest the award.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
February 13, 2020 15:00 ET (20:00 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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