News

Microsoft Stock Plunges 6 Percent

Microsoft Corp.'s stock price dropped a whopping 6.4 percent on the Nasdaq exchange Monday, putting the price level of the software giant at its lowest point in almost two years. A dim outlook for the computer industry in general by market analysts was blamed for the sharp decline.

Stock in Microsoft dropped $3-1/2 to $50-1/4 on the Nasdaq where on Monday it was the second most heavily traded issue. The last time the Microsoft price level was lower was on Oct. 20, 1998, when it fell to $49-13/16. The value of Microsoft shares has dropped almost 60 percent from December 1999, when the level had climbed to $119-15/16. - Ted Williams

About the Author

Scott Bekker is editor in chief of Redmond Channel Partner magazine.

Featured

  • Windows 10 Preview Adds Ability To Display Linux Distro Files

    Microsoft on Wednesday announced Windows 10 preview build 19603, which adds easier access to installed Linux distro files using Windows File Explorer.

  • Microsoft 365 Business To Get Azure Active Directory Premium P1 Perks

    Subscribers to Microsoft 365 Business (which is being renamed this month to "Microsoft 365 Business Premium") will be getting Azure Active Directory Premium P1 licensing at no additional cost.

  • How To Use .CSV Files with PowerShell, Part 1

    When it comes to bulk administration, few things are handier than .CSV files. In this two-part series, Brien demos his top techniques for working with .CSV files in PowerShell. First up: How to create a .CSV file.

  • SameSite Cookie Changes Rolled Back Until Summer

    The Chromium Project announced on Friday that it's delaying enforcement of SameSite cookie changes, and is temporarily rolling back those changes, because of the COVID-19 turmoil.

comments powered by Disqus

Office 365 Watch

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.