Amazon Up Slightly, Microsoft Edges Lower on JEDI Injunction

Date : 02/13/2020 @ 8:15PM
Source : Dow Jones News
Stock : Microsoft Corporation (MSFT)
Quote : 149.7  -6.41 (-4.11%) @ 4:00AM
Microsoft share price Chart
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Last $ 148.80 ▼ -0.90 (-0.60%)

Amazon Up Slightly, Microsoft Edges Lower on JEDI Injunction

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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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