Nasdaq Sell-Off: You Won't Believe What Stock Is Near a 52-Week Low
One of the biggest names in AI is selling for its cheapest price in a year.
You may not have noticed -- it's not getting a lot of attention -- but the last few days, the tech-heavy Nasdaq stock exchange has been in kind of a funk.
Since hitting its all-time closing high of 20,056 back on Feb. 19, the tech-heavy stock index has fallen an unlucky 13%, closing Monday at 17,453. Stocks of all stripes have gotten hit, including one market giant whose fall I bet almost nobody saw coming:
Microsoft (NASDAQ: MSFT) is down 8.7%. That's not as much as the rest of the Naz. But it's a big enough fall to push Microsoft stock down to a 52-week low.
