NEW YORK, USA – Shares of technology behemoth Microsoft Corp (NASDAQ: MSFT) faced downward pressure in early trading on April 28th, as investors reacted to market dynamics. The software giant’s stock saw a notable decline shortly after the market opened.
As of 10:22 AM EDT, Microsoft stock was trading at 389.91 USD. This reflects a decrease of -1.94 USD, translating to a 0.50% loss for the day so far. The stock moved lower from its previous closing price of 391.85 USD.
The trading session began with MSFT opening slightly lower at 391.96 USD. It briefly touched an intraday high of 392.00 USD before encountering selling pressure that pushed it down to a low of 387.65 USD. The price chart indicates a sharp initial drop followed by some attempted recovery, though the stock remained in negative territory.
Key market statistics for Microsoft at this time include:
- Market Cap: An immense 2.90 Trillion USD, underlining its significant global presence.
- P/E Ratio: Currently at 31.41.
- Dividend Yield: 0.85%.
- 52-Week High: 468.35 USD
- 52-Week Low: 344.79 USD
Investors are closely monitoring Microsoft’s stock movement as it navigates the early session’s choppy trading conditions, seeking direction for the remainder of the day.
