Why Microsoft Stock Slumped Today
Source: Motley Fool
2026-06-17 18:02:10 ET
Many stocks wilted during Wednesday's generally downbeat trading session. Among these was tech industry stalwart Microsoft (NASDAQ: MSFT) , which fell harder than many peers on reports that a potentially beneficial deal to lease cloud capacity from a high-profile peer wasn't concluded. The company's shares declined by almost 4% as a result.
Near the end of Tuesday's trading session, Business Insider published an article stating that Microsoft's discussions with Oracle (NYSE: ORCL) about leasing some of the latter's cloud capacity had ended without agreement.
Image source: Getty Images.
Microsoft Corporation
NASDAQ: MSFT
MSFT Trading
1.7% G/L:
$401.875 Last:
19,962,991 Volume:
$391.41 Open:
MSFT Latest News
$3,092,700,253,863
7,351,372,785
N/A
3713
N/A
Software & IT Services
Technology
US
REDMOND
