Why Microsoft Surged by 51.2% in 2021

Shares of Microsoft (NASDAQ: MSFT) surged by 51.2% in 2021, according to data provided by S&P Global Market Intelligence.

For context, the Nasdaq Composite index gained 22.2% last year, so Microsoft's gain was more than double that of the technology-heavy index. The technology giant produces computer software and hardware as well as personal computers and electronic accessories. It also runs a cloud computing service called Azure and owns LinkedIn, a popular business networking portal.

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Source Fool.com