Shares of Microsoft dropped 11.4 percent today, representing the biggest single-day drop in over 13 years. The last time it occurred was on April 24, 2000, when shares plunged 15.6 percent as the world's largest software company locked itself in an antitrust dispute with the U.S. government. Since then, Microsoft has never experienced such a shelling, until today that is. This came after the software company posted dismal quarterly results due to weak demand for its latest Windows system and poor sales of its Surface tablet.
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"Kids are being kids," (Principal) Robinson said, adding that he was surprised something like this had not already occurred. "They're going to try to do what they try to do. This time we found out about it."
The rich get rich, and the poor get poorer. The haves get more, the have-nots die.