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Friday, March 29, 2024

Microsoft Plunges Most In 18 Months As Tech Wreck Escalates

Courtesy of ZeroHedge. View original post here.

Microsoft is down almost 4% – the biggest drop since June 2016 – filling the gap from earnigs as the entire tech space is coming under serious pressure in this low-high tax rotation.

No, there is no MSFT-specific news or catalyst…

FANGs, Semis, and the broad tech sector are in trouble…

As the low-to-high tax company rotation continues…

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