Why Microsoft Stock Is Sinking Today
(NASDAQ: MSFT) stock is moving lower in Friday's trading in response to a handful of bearish catalysts. The tech giant's share price was down 2.8% as of 3 p.m. ET. At the same point in the day's trading, the S 500 and the Nasdaq Composite were down 0.5% and 0.2%, respectively.
Stocks are broadly moving lower today as investors react to the latest U.S. jobs report from the Bureau of Labor Statistics (BLS). Microsoft's valuation is also slumping today in response to news that the Trump administration will be implementing tariffs on semiconductors that are manufactured in other countries.
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Source Fool.com
Microsoft Corp. Stock
€329.45
-1.950%
With 159 Buy predictions and 3 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 503 € shows a very positive potential of 52.68% compared to the current price of 329.45 € for Microsoft Corp..
