The industry giants- Microsoft (NASDAQ: MSFT) , Apple (NASDAQ: AAPL) and Meta (NASDAQ: FB) have recently seen their stocks dipping after the market opened on Tuesday. Here is an overview of the situation.
Microsoft Stock Performance
Microsoft Corporation’s stocks have been dipping for two consecutive days now. Few minutes into the trading session and its share prices are dipping already. The current price stands at $334.80 and is down by 1.48% today. The stocks opened at $337.05 after closing at $339.83 last day. This also shows a decline of 0.81%. Today’s high was at $337.49, which is also not much higher than the opening price.
The subsequent declines are small in magnitude, however, it indicates stagnant stock growth. This decline might increase in near future if the stock trends don’t change
The current market capitalization is valued at $2.5 trillion. Earlier, yesterday the stocks opened at $344.62 and closed at $339.83. This showed a decline of 1.38%. However, if its stock trend changes then it might achieve the 1-year target of $360 really soon.
Apple Stock Performance
Apple Inc. shares had declined slightly last day. It opened at $161.68 and closed at $161.02. The current price is $159.43, down by 0.98% after a few hours of market opening. Today’s peak was at $161.80. The current market capitalization is valued at $2.7 trillion. Despite the decline, it is still closer to its 1-year target of $173.
Meta Stock Performance
This week, the ‘Metaverse’ entrant, Meta Platforms Inc. has also seen its stock dipping. Today it opened at $341.01 today and is currently trading at $337.25. It is down by nearly 1.13% as of now. Also, it is much below the 1-year target of $400.
The stocks saw a sharp decline yesterday as well. It opened at $349.05 and closed at $341.05, declining by 2.3%. The declining stock trend will worsen if it doesn’t get a spike. The current market capitalization is valued at $954 billion.
The ‘Biggies’ have seen their stocks declining. Need to wait to see what’s in store for others.