Why Microsoft Stock Was Getting Slammed Today
The kickoff of a high-profile antitrust case against a peer and an analyst's price target reduction put the hurt on Microsoft (MSFT -2.56%) shares Monday. The tech giant wasn't looking all that mighty on the exchange, with a more than 3% drop in price in late afternoon trading. A big peer's day in courtIt was generally a bearish day for big tech as a whole, with search titan Alphabet taking an uncomfortable turn in the spotlight.The U.S. Department of Justice's artificial intelligence (AI)-related suit agai ...