Why Microsoft Stock Slumped Today
Many stocks wilted during Wednesday's generally downbeat trading session. Among these was tech industry stalwart (NASDAQ: MSFT), which fell harder than many peers on reports that a potentially beneficial deal to lease cloud capacity from a high-profile peer wasn't concluded. The company's shares declined by almost 4% as a result.
Near the end of Tuesday's trading session, Business Insider published an article stating that Microsoft's discussions with (NYSE: ORCL) about leasing some of the latter's cloud capacity had ended without agreement.
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Source Fool.com
Microsoft Corp. Aktie
403,10 €
3,03 %
Klare Kaufstimmung für Microsoft Corp.: Viel mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 500 € für Microsoft Corp. würde eine Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 403.1 € bedeuten.
