Technology
Microsoft’s $570 Billion Rout Sets Up Its Worst Month Since 2000
Key Points
Microsoft’s $570 Billion Rout Sets Up Its Worst Month Since 2000 Microsoft Corp. shares are heading for their worst month since the dot-com era as investors continue to fret about how the software giant will fare in a world marked by artificial intelligence. The stock is down 17% in June, putting it on course for its worst monthly showing since December 2000. The selloff has erased more than $570 billion in market value and pushed the stock to its lowest closing price since 2023 on Thursday...
Microsoft’s $570 Billion Rout Sets Up Its Worst Month Since 2000
Microsoft Corp. shares are heading for their worst month since the dot-com era as investors continue to fret about how the software giant will fare in a world marked by artificial intelligence.
The stock is down 17% in June, putting it on course for its worst monthly showing since December 2000. The selloff has erased more than $570 billion in market value and pushed the stock to its lowest closing price since 2023 on Thursday before rebounding on Friday.