MicrosoftMSFT

Daily Market Briefing

Bearish

Microsoft's stock drops 1.8% to $533.69 amid regulatory challenges

Microsoft's stock declined by 1.8% to $533.69 on October 15, 2026, following the U.S. administration's suspension of the company's participation in the Permanent Employment Certification (PERM) program, which facilitates green card sponsorship for foreign workers. This regulatory action has raised concerns about Microsoft's ability to attract and retain global talent.

Key points

  • U.S. administration suspends Microsoft's participation in the PERM program, affecting green card sponsorship.
  • Microsoft's stock closes at $533.69, down 1.8% from the previous day.
  • Microsoft's market capitalization stands at approximately $3.96 trillion.

Sources

AI-generated from public news sources. Not financial advice.

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