MSFT is trading 2.4% down now at $365.04 as investors rotate out of mega-cap tech and AI names after a sharp sector selloff, compounded by news of a newly filed class action lawsuit against the company. - Broader technology benchmarks are weaker again, with the Nasdaq Composite wavering and AI-related chip stocks volatile ahead of Micron’s earnings. - A securities fraud class action lawsuit was filed today, June 24, 2026, against Microsoft, alleging the company misled investors regarding its AI chatbot Copilot and Azure cloud platform, adding company-specific pressure to the stock.