Why Microsoft Stock Slipped Today
2026-06-11 19:07:11 ET
A continuing rout of certain segments of the tech sector put some hurt on Microsoft (NASDAQ: MSFT) stock on Thursday. Investors also digested a media report about a long-standing unit of the company reducing its workforce. By the end of the trading day, its equity had shed nearly 2% of its value.
Much of the downbeat sentiment in the sector stemmed from Oracle 's latest earnings report , released after the market close on Wednesday. At first glance, it was encouraging, with double-digit sales growth and top- and bottom-line beats.
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