Why Microsoft Stock Is Sinking Today
(NASDAQ: MSFT) stock is in the red in Tuesday's trading, but it has regained some ground after initial sell-offs. As of 2:30 p.m. ET, the company's share price was down 2% after having been down as much as 3.2%. The S 500 had moved 0.6% lower in the daily session at the same point, and the Nasdaq Composite had fallen 1.7%.
Despite the significant valuation pullback, there was some good news for Microsoft today -- with the company announcing it had expanded its relationship with consulting firm KPMG. Even so, fears about macroeconomic factors and the potential impact of SpaceX's upcoming initial public offering (IPO).
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Source Fool.com
Microsoft Corp. Aktie
336,60 €
-2,41 %
Bei der Aktie stehen derzeit 162 Buy-Einschätzungen 5 Sell-Einschätzungen gegenüber. Das Sentiment ist also durchaus positiv.
Das Kursziel von 508 € für Microsoft Corp. weist auf eine potenzielle Steigerung von über 50% gegenüber dem aktuellen Kurs von 336.6 € hin.
