Why Microsoft Stock Sank Today
(NASDAQ: MSFT) stock closed out Thursday's trading in the red amid bearish momentum for software companies. The tech giant's share price ended the day down 4%. The S 500 closed out the session down 0.5%, and the Nasdaq Composite was down 0.9%.
Microsoft and other high-profile software stocks faced pressure today as investors had a strong negative reaction to ServiceNow's first-quarter results. With the pullback, Microsoft's share price is now down 14% year to date and 23% from its hight.
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Source Fool.com
Microsoft Corp. Stock
€403.10
3.030%
The stock is one of the favorites of our community with 148 Buy predictions and 4 Sell predictions.
With a target price of 500 € there is a positive potential of 24.04% for Microsoft Corp. compared to the current price of 403.1 €.
