- - Microsoft
- -- Microsoft Corporate
- ---- Microsoft stock drops by billions after disappointing earnings report
bill - 12:18 am on Jul 20, 2013 (gmt 0)
Yikes! Microsoft's stock dropped 12 percent Friday after a disastrous earnings report. [webmasterworld.com]
The drop puts Microsoft's market value at $261 billion, down from a record high of $616.3 billion in December of 1999 (1 month before Steve Ballmer took over from Bill Gates).
|More than $32 billion in Microsoft stock value wiped out |
Shares suffer biggest one-day percentage sell-off since 2000 as investors fret over weak demand for Microsoft's latest Windows operating system and Surface tablet.
Thread source: http://www.webmasterworld.com/msft/4594733.htm
Brought to you by WebmasterWorld: http://www.webmasterworld.com