Still, Microsoft’s stock remains in a funk. The company’s share price is down 7% this year and has declined 8 ... bear market defined as a decline of 20% or more from recent highs.

The company was sold twice along the way: for $2.6 billion in 2005 and at a $2.75 billion valuation four years later. Skype received its biggest valuation in 2010, when it was bought by Microsoft ...