Microsoft Market Cap Drops $570B, Stock Falls 17% in June
2026-06-29 19:55

Woofun AI reports that Microsoft's market capitalization has decreased by $570 billion as the stock declines 17% in June. This performance marks the company's worst monthly drop since December 2000, with shares hitting their lowest close since 2023 before a slight rebound. Jack Ablin, chief investment strategist at Cresset Wealth Advisors, stated that Microsoft faces "dual pressures" regarding AI spending and disruption, noting that investors are currently adopting a "sell first, ask questions later" approach despite attractive valuation metrics.

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Jack Ablin
Cresset Wealth Advisors
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