Why Microsoft Stock Surged 10.4% Last Month But Is Sinking in June
After recent swings, Microsoft stock is down roughly 14% year to date.
Why Microsoft Stock Surged 10.4% Last Month But Is Sinking in June
Overview
Microsoft (NASDAQ: MSFT) stock closed out May's trading with a double-digit gain, up 10.4%. The S&P 500 gained 5.2% over the same period, and the Nasdaq Composite rose 8.4%.
Microsoft's valuation moved higher in conjunction with bullish momentum for the broader market last month, but positive coverage from analysts also played a role in the stock's gains. Despite a favorable backdrop for tech stocks in this year's trading, the tech giant's stock is still down roughly 14% in 2026.
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Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
