Skip to content

Microsoft Has Biggest Drop Since Sept. After Inflation Data

The stock remains up more than 45% thus far this year
Other major technology and internet names also end lower

By

Ryan Vlastelica

December 14, 2021, 4:56 PM UTCUpdated onDecember 14, 2021, 9:06 PM UTC

Microsoft Corp. fell on Tuesday, with the software company leading a decline among megacap internet and technology stocks.

The shares fell 3.3% in their biggest one-day percentage loss since September. The day’s drop erased more than $80 billion off its market valuation. Even with the decline, however, Microsoft remains up more than 45% this year.