Microsoft shares fell 2.8% to $32.25 after the company announced it had acquired Nio, a cloud computing startup.
The tech giant also announced a $500 million purchase of LinkedIn, which has more than 6 million users.
The deal was announced on Twitter and Facebook and came as a surprise to some investors.
Microsoft has previously focused on selling PCs, smartphones and tablets.
Microsoft was also working on an acquisition of the maker of the HoloLens headset, which is expected to be unveiled this year.
In April, Microsoft announced it was acquiring the developer community platform Mojang for $3.5 billion.
The Walmart stock price has plunged over the last several days, which is one of the few ways a stock can go down before it hits the mainstream.
The company’s stock price dropped from a high of $86.90 on March 15 to $67.90 the next day, according to FactSet.
That drop came after Walmart CEO Doug McMillon said he was going to be leaving the company.
And it also came on the heels of the company cutting a $1 billion investment in its U.S. store chain.
But that drop is part of a longer-term trend.
Walmart stock has fallen by more than 10% a month since March 20, according a report from Bloomberg.
That’s the worst monthly decline in Walmart stock in over five years.
This month, Walmart stock was down by 2.2% in early trading.
The biggest drops have come in the last few days of March.
On March 25, Walmart reported its lowest quarterly profit in nearly a decade.
The stock fell 7% in one day.
And last week, Walmart’s stock plunged 7.9% after it announced it was going through with the sale of nearly 2,300 U.N. workers.
The decline in stock prices has come as the company has been struggling with low profit margins.
Walmart is one company that has reported quarterly losses for two straight quarters.
The company is also facing a looming court case from a labor rights group that says the company overpaid workers by $3 billion.
Walmart filed a lawsuit against the UAW last week.
Walmart stock is down by nearly 2% this year, the most in more than a decade, according the FactSet report.
The drop has come at a time when the company’s earnings are growing.
The Fortune 500 company posted quarterly profit of $9.4 billion, up 8% from the year before.
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