Why Microsoft Stock Tumbled Today
For hardly the first time in its history, the company has come under the scrutiny of legal officials.A finger-wagging from state attorneys general over artificial intelligence (AI) chatbots was the catalyst behind a mild sell-off of Microsoft (MSFT 2.74%) stock on Wednesday. While this isn't the first, or the most serious, regulatory issue the company has faced, it wasn't helping sentiment on the tech giant. It contributed to Microsoft's nearly 3% decline in share price that day. Concerns expressedThat morn ...