Microsoft shares slip after warning of coronavirus hit to supply chain

Microsoft shares slip after warning of coronavirus hit to supply chain

Microsoft Corp’s shares fell 4% on Thursday after the company warned of weakness in its PC business after a hit to its supply chain from the coronavirus outbreak. The selloff in shares wiped off nearly $50 billion from Microsoft’s market value on a day broader markets tumbled about 2% on rising fears of a global pandemic.

Clara
Clara
Top in Business
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