Microsoft Corp. (NASDAQ: MSFT) shares closed at approximately $497 on Sept. 2, which is almost exactly where the stock started 2026. But for investors who owned MSFT at the start of the year, the current price is a relief.
MSFT staged a record-setting post-earnings rally that erased months of losses in a single session. Before that rally, MSFT was down nearly 30% for the year on AI-spending anxiety, fears of the impact of artificial intelligence on software companies, and concerns over Copilot adoption.