Investor Alert

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

Microsoft drops out of gaming conference because of coronavirus concerns

Microsoft Corp. (NAS:MSFT) 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. (NAS:WDAY) 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. (NYS:T) and International Business Machines Corp. (NYS:IBM) 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.

Link to MarketWatch's Slice.