Microsoft Stock Slammed 5% After Posting Double-Digit Profit Growth; Why It's Not A Buy Now

Microsoft Stock Slammed 5% After Posting Double-Digit Profit Growth; Why It's Not A Buy Now · Investor's Business Daily

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Enterprise software juggernaut Microsoft, like most tech stocks, had started September on the wrong foot. After hours Wednesday, Microsoft stock rose to as high as 444.95, but later sank as much as 5% below the regular-session close of 432.53 on fiscal first-quarter results.