MSFT shares are trading lower by 1.9% at USD 293.67 amid general market weakness as technology and growth stocks dip on a rise in the 10-year treasury yield.
Microsoft develops and licenses consumer and enterprise software and is known for its Windows operating systems and Office productivity suite. Microsoft has a 52-week high of $305.84 and a 52-week low of USD 199.62.
The 10 year Treasury yield hit an intra-day high of 1.517% Monday morning before dipping to around the 1.484% level. The move in the 10-year note comes after the Federal Reserve last week spoke on winding down its ongoing asset purchasing program.
