It’s been a bad year for aging tech giants IBM and Intel . Big Blue shed 11% of its market value over the past 12 months, while shares of Intel merely matched the S&P 500’s
In trading on Thursday, shares of Microsoft Corporation (Symbol MSFT) crossed below their 200 day moving average of $50.53, changing hands as low as $50.30 per share. Microsoft Corporation shares are currently trading down about 0.7% on the day.