Microsoft Stock Takes Most Massive Single-Day Loss Since Pandemic as Its AI Efforts Flail
Microsoft is taking a pounding in the stock market.
On Thursday, the Redmont giant’s share price collapsed by nearly 12 percent after it released its latest quarterly results, making it not only its biggest single day slide since March 2020, according to Bloomberg, but also one of the worst drops in the company’s history.
The Wile E. Coyote-worthy cliff-plunge, which wiped out over $400 billion in valuation, was despite Microsoft actually exceeding some key expectations, including its net income, whi
Microsoft is taking a pounding in the stock market.
On Thursday, the Redmont giant’s share price collapsed by nearly 12 percent after it released its latest quarterly results, making it not only its biggest single day slide since March 2020, according to Bloomberg, but also one of the worst drops in the company’s history.
The Wile E. Coyote-worthy cliff-plunge, which wiped out over $400 billion in valuation, was despite Microsoft actually exceeding some key expectations, including its net income, whi
14 days ago
