Why Microsoft Stock Tumbled Today
A finger-wagging from state attorneys general over artificial intelligence (AI) chatbots was the catalyst behind a mild sell-off of (NASDAQ: MSFT) stock on Wednesday. While this isn't the first, or the most serious, regulatory issue the company has faced, it wasn't helping sentiment on the tech giant. It contributed to Microsoft's nearly 3% decline in share price that day.
That morning, a bipartisan group of state attorneys general sent a letter to several major tech companies -- including Microsoft, Meta Platforms, 's Google, and Apple -- warning them that their AI-enhanced chatbots were causing problems.
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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 €.
