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July 19, 2013 11:30 pm GMT
Microsoft shares (NASDAQ:MSFT) dropped 12.2 percent, representing the biggest single-day drop in over 13 years. On April 24, 2000, shares dropped 15.6 percent -- since then, Microsoft has never experienced such a shelling. Yesterday, the company announced disappointed earnings and took a massive $900 million writedown due to unsold Surface RTs.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/tol7tNE30jo/
Microsoft Experiences Its Biggest Drop Of The Century As Shares Fall 12 Percent
Microsoft shares (NASDAQ:MSFT) dropped 12.2 percent, representing the biggest single-day drop in over 13 years. On April 24, 2000, shares dropped 15.6 percent -- since then, Microsoft has never experienced such a shelling. Yesterday, the company announced disappointed earnings and took a massive $900 million writedown due to unsold Surface RTs.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/tol7tNE30jo/
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