Microsoft narrowly avoided its first eight-week losing streak since 2008 after a last-minute surge pushed its stock up 0.7% for the week, closing at $391.26. The rally came with just 10 minutes left before the market closed, helping the tech giant sidestep an unprecedented drop.

A Close Call Amid Market Volatility

The stock had been on track for its longest losing streak in over 15 years, with shares down 7% for the year due to ongoing concerns about tech sector performance and broader market uncertainty.

Echoes of 2008 Financial Crisis

The last time Microsoft faced such prolonged losses was during the 2008 financial crisis, where its stock experienced a nine-week losing streak between January and February 2008. The current downturn had investors on edge, with fears that Microsoft might repeat that historic slump.

Looking Ahead

Although the late rally provided a temporary reprieve, Microsoft’s performance remains under pressure this year. Analysts will be watching closely to see whether the company can regain momentum or if volatility in the tech sector continues to weigh on its stock.