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Feb. 27, 2020, 12:40 p.m. EST

Microsoft drops out of gaming conference because of coronavirus concerns

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By Jon Swartz

Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +2.34% said it is skipping the Game Developers Conference next month in San Francisco because of coronavirus fears and will instead stream its content. Its move comes a day after Workday Inc. /zigman2/quotes/201157610/composite WDAY +1.92% announced it was pulling the plug on an internal sales conference in Orlando, Fla., next week for the same reason. Organizers of the Game Developers Conference, scheduled March 16-20, said the show will still go on. AT&T Inc. /zigman2/quotes/203165245/composite T +3.05% and International Business Machines Corp. /zigman2/quotes/203856914/composite IBM +2.46% skipped this weeks RSA security conference in San Francisco because of concerns about coronavirus. On Wednesday, Microsoft warned investors it will not meet its recent guidance for its personal-computing business because of the impact of the coronavirus on the supply chain.

/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 187.20
+4.28 +2.34%
Volume: 39.89M
June 5, 2020 4:00p
P/E Ratio
31.17
Dividend Yield
1.09%
Market Cap
$1387.16 billion
Rev. per Employee
$902,473
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/zigman2/quotes/201157610/composite
US : U.S.: Nasdaq
$ 178.67
+3.37 +1.92%
Volume: 1.80M
June 5, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$41.20 billion
Rev. per Employee
$269,447
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/zigman2/quotes/203165245/composite
US : U.S.: NYSE
$ 32.77
+0.97 +3.05%
Volume: 46.69M
June 5, 2020 4:00p
P/E Ratio
16.59
Dividend Yield
6.35%
Market Cap
$226.57 billion
Rev. per Employee
$637,332
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/zigman2/quotes/203856914/composite
US : U.S.: NYSE
$ 132.06
+3.17 +2.46%
Volume: 5.89M
June 5, 2020 4:00p
P/E Ratio
13.08
Dividend Yield
4.94%
Market Cap
$114.44 billion
Rev. per Employee
$208,845
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