Funky Friday: More than $32 billion in Microsoft stock value wiped out

When it came to Microsoft, it was “sell.”

(Credit:
Getty Images)

The weekend can’t start soon enough for Microsoft CEO Steve Ballmer, who watched as investors drove down the company’s stock by more than 11 percent Friday after a disappointing earnings report raised questions about demand for the latest Windows operating system as well as the Surface tablet.
The stock finished at $31.40, off $4.04 for the day. The percentage decline — which wiped out more than $32 billion in stockholder value — was the biggest slide in Microsoft’s stock since the year 2000. More than 245 million…

Read this article: Funky Friday: More than $32 billion in Microsoft stock value wiped out

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