Microsoft stock en route to worst daily drop in weeks

Microsoft stock en route to worst daily drop in weeks

Microsoft stock en route to worst daily drop in weeks Despite slightly positive earnings on Tuesday, Wall Street is selling on Wednesday Microsoft shares dropped as much at 4.6% Wednesday and is on track to record its biggest one-day decline since Jan. 4, when shares plummeted 4.4%. Its price-to-earnings ratio was around 26. Its 52- week PE low was on Nov. 3, 2022 at 22.21 which was the lowest PE ratio since Aug. 28, 2015 when it was 18.23. On …