Why Microsoft Stock Is Sinking Today

Published June 9, 2026 · Category: Finance

Overview

Microsoft (NASDAQ: MSFT) stock is in the red in Tuesday's trading, but it has regained some ground after initial sell-offs. As of 2:30 p.m. ET, the company's share price was down 2% after having been down as much as 3.2%. The S&P 500 had moved 0.6% lower in the daily session at the same point, and the Nasdaq Composite had fallen 1.7%.

Despite the significant valuation pullback, there was some good news for Microsoft today -- with the company announcing it had expanded its relationship with consulting firm KPMG. Even so, fears about macroeconomic factors and the potential impact of SpaceX's upcoming initial public offering (IPO).

Image source: Getty Images.

Details

Continue reading

Source

Originally published at www.fool.com.

Related Articles

• The May inflation numbers are due out Wednesday morning. Here's what to expect
• Micron and other memory makers are driving a ‘supercycle’ for this corner of the chip sector
• Is Starlink About to Replace Your Phone Plan? What SpaceX's IPO Means for the Future of Broadband.