The Miami Entrepreneur

: Microsoft’s stock slips, setting up worst losing streak in more than a year

Read Time:52 Second

Microsoft Corp.’s MSFT stock was on track for its worst losing streak in more than a year on Monday. Microsoft shares dipped as much as 0.6% Monday, threatening a seventh session of consecutive declines, for its worst losing streak since Sept. 6, 2022, when shares fell for seven straight trading days, according to Dow Jones market data. A loss Monday would also mark the stock’s worst seven-day run since the period ending Aug. 3, when it fell 6.9%, according to Dow Jones. The stock is 12.4% off its record closing high of $359.49, set on July 18. Shares were last down 0.4% at $315.64, putting them on track for their lowest close since May 24, when they finished at $313.85, according to Dow Jones data. Meanwhile, the Dow Jones Industrial Average DJIA, of which Microsoft is a component, was flat.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post Some soft commodity prices are surging, adding to consumer woes
Next post Brett Arends’s ROI: Caring for someone with Alzheimer’s? This pilot program is making impressive gains.