US EditionMicrosoft sell-off etches $400 billion hole in market, second highest on record
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Microsoft's shares (MSFT) registered a drop of 9.9% to $433,5. This variation represents a loss of market capitalization close to $357,395 million in a single session, being the second largest daily drop in value for a listed company, just behind Nvidia (NVDA), which last year erased $589 billion in one day.See more: Microsoft's action collapses and Meta's shoots: what does Wall Street say about investing?Microsoft's capitalization went from $3.…
Microsoft sell-off etches $400 billion hole in market, second highest on record
The post Microsoft sell-off etches $400 billion hole in market, second highest on record appeared on BitcoinEthereumNews.com. Microsoft’s (MSFT) post-earnings cratering on Thursday sent other indices into pullback mode despite the narrow nature of its weakness. Although it lost a more serene 4% afterhours on Wednesday following its resounding earnings beat, the Redmond, Washington-based Microsoft sank a solid 12% during the afternoon of Thursday…
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