Stocks & Bonds

Look at What Microsoft Shares Did Today


Investors unloaded Microsoft’s stock after it posted dismal fourth quarter results, pushing the stock to its largest one-day loss since January 2009. The tech giant missed analysts’ revenue and earnings-per-share targets with Thursday’s earnings. A slowdown in the consumer PC industry translated to weak shipments of Microsoft Office and Windows, and the abject failure of the Surface tablet (responsible for a $900 million write-down last quarter) certainly didn’t help. Maybe the company’s upcoming massive reorganization will turn things around in time for the next earnings release?

Applegate is a graphics editor for Bloomberg Businessweek in New York. Follow him on Twitter @evanapplegate.

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