Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
You need to sign in or sign up before continuing.
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Microsoft Stock Slumped Today

TheMotleyFool 
0 0 18.06.26
Why Microsoft Stock Slumped Today: https://g.foolcdn.com/editorial/images/875092/person-looking-at-laptop-screen-with-head-in-hands.jpg
 

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.

Image source: Getty Images.

Continue reading


Source Fool.com

Microsoft Corp. Stock

€403.10
3.030%
A very strong showing by Microsoft Corp. today, with an increase of €11.85 (3.030%) compared to yesterday's price.
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 €.
Show more
Like: 0
MSFT
Share

Comments

Not a member yet? Sign up for free!