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This Day in Market History: The Microsoft IPO
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
On this day 32 years ago, Microsoft Corporation (NASDAQ: MSFT) went public.
Where The Market Was
The S&P 500 was trading at 233.19 and the Dow was at 1753.71.
What Else Was Going On In The World?
In 1986, the Space Shuttle Challenger exploded on live TV shortly after takeoff. That same year, the Human Genome Project was launched. A Tandy 600 Portable Computer cost $1,599.
Investors got their first taste …
Photo: Getty iStock