Microsoft Corp (NASDAQ: MSFT) closed lower on Friday, June 23, falling by 0.59% (-$2.84) to end the day at $477.40. Despite briefly touching a new 52-week high of $483.46, the stock struggled to hold gains, reflecting profit-booking and broader market uncertainty. This move brings Microsoft stock into sharp focus for traders anticipating Monday’s market action.
Microsoft Stock Performance Snapshot – June 23
- Opening Price: $482.23
- Closing Price: $477.40
- Previous Close: $480.24
- Day’s High: $483.46 (new 52-week high)
- Day’s Low: $476.87
- Pre-market (June 24): $476.50 (-$0.90 or -0.19%)
- Market Cap: $3.55 Trillion
- P/E Ratio: 36.89
- Dividend Yield: 0.70%
- Quarterly Dividend: $0.84
- 52-Week Range: $344.79 – $483.46
What Triggered Microsoft’s Drop on Friday?
The stock opened strong and hit its all-time high during early trading hours but quickly lost steam. This pattern often indicates investor hesitation near major resistance levels or institutional profit-taking. The overall downward trend throughout the day and continued slight dip in pre-market trading (-0.19%) suggest subdued momentum heading into Monday.
External market conditions—such as tech sector rotation, macroeconomic data, or bond yield movements—may also be weighing on large-cap tech stocks like Microsoft.
What to Expect on Monday: Will Microsoft Stock Rebound or Slide Further?
Microsoft’s slight pre-market decline is a caution flag for traders. With prices nearing key psychological support at $475, bulls will look for stabilization or reversal signs during the Monday open. If that support fails, the stock could retrace further toward the 470–472 zone. However, if buying resumes, a retest of $480+ could quickly follow.
Look for cues from:
- Nasdaq futures performance
- Global market sentiment
- Any weekend news affecting Big Tech or AI developments (which directly impact Microsoft)
Should You Buy Microsoft Stock Now?
For Long-Term Investors:
- Yes, if you believe in Microsoft’s fundamentals. Despite Friday’s weakness, MSFT remains strong with a healthy dividend yield, a large cash position, and ongoing innovation in AI and cloud computing.
- Consider averaging in if you’re building a position.
For Short-Term Traders:
- Wait for confirmation on Monday. Watch early volume trends and the $475–$478 range closely.
- A break below $475 may trigger stop-losses, while a bounce above $480 could signal strength.
Microsoft Stock Looks Weak Near-Term, but Long-Term Fundamentals Hold Strong
While Microsoft’s stock lost momentum Friday and is slightly red in pre-market, this could be a temporary pause rather than a longer-term reversal. Traders should proceed cautiously on Monday, watching key levels for breakout or breakdown. For long-term investors, this may be a chance to accumulate at a modest discount.
Keep a close watch on volume, tech sentiment, and global market direction when markets open Monday.
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