Advertisement
Microsoft Corp closed at 415.06 USD, experiencing a decline of 9.32 points (-2.20%) over the past five days. As of January 31 at 7:59 PM GMT-5, the stock faced downward pressure. After hours, the stock dropped slightly to 414.10 USD, losing 0.96 points (-0.23%), suggesting some continued selling pressure following the regular session.
During the session, Microsoft reached a high of 420.69 USD, signaling periods of stronger investor demand. However, the stock also recorded a low of 414.91 USD, indicating volatility. The opening price of 418.98 USD suggests that Microsoft started the trading day with some strength before gradually retreating as the session progressed. Microsoft currently holds a market capitalization of 3.09L Cr.
The tech-sector was hit after DeepSeek AI made claims about having cheaper technology as compared to the American tech-giants. This raised concerns about the big companies investments in AI, this is why Microsoft’s stock plunged this week. Apart from this the company’s Q4 earnings were below investor expectations adding to the negative movement of the stock.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.