Microsoft Corp.’s stock was on track for its worst losing streak in more than a year on Monday. Microsoft shares dipped as much as 0.6% Monday, threatening a...
Microsoft Corp.’s MSFT, -0.50% stock was on track for its worst losing streak in more than a year on Monday. Microsoft shares dipped as much as 0.6% Monday, threatening a seventh session of consecutive declines, for its worst losing streak since Sept. 6, 2022, when shares fell for seven straight trading days, according to Dow Jones market data.
A loss Monday would also mark the stock’s worst seven-day run since the period ending Aug. 3, when it fell 6.9%, according to Dow Jones. The stock is 12.4% off its record closing high of $359.49, set on July 18. Shares were last down 0.4% at $315.64, putting them on track for their lowest close since May 24, when they finished at $313.85, according to Dow Jones data. Meanwhile, the Dow Jones Industrial Average DJIA, -0.11%, of which Microsoft is a component, was flat.
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