Microsoft stock drops more than 2% to start 2026 as investors trim megacap tech exposure (MSFT)
Microsoft shares dropped 2.4% to $472.24 in after-hours trading Friday, touching session lows near $470. The broader market was steady, with Nvidia up and Apple down. About 19.6 million Microsoft shares changed hands in a thin post-holiday session. Investors are watching upcoming U.S. labor data and the Federal Reserve’s rate outlook.