As reported by MarketLeader(US)
Microsoft CEO Steven Anthony Ballmer decided to sell this corporation's stocks worth 1.3 billion US dollars in total and did so late last week.
Steven Ballmer believes that his investment portfolio needs risk diversification, and as a result, sold about 50 million stocks. Besides, the current year is about to end and relevant taxes will have to be paid. According to him, he simply complies with the expected tax burden and, moreover, is going to sell another 75 million of Microsoft stocks by this year's end. More read...