Microsoft shares fell 19% in a month as macro pressures overshadowed strong Q1 2026 results, per Meridian Hedged Equity Fund.
Meridian Hedged Equity Fund retained its position in Microsoft (MSFT) despite a 19.01% one-month decline and a 25.02% drop over the past 52 weeks. The stock closed at $372.97 on June 26, 2026, with a market capitalization of $2.77 trillion.
Microsoft reported strong Q1 2026 business and financial performance, driven by Azure cloud growth and AI integration. However, investor rotation away from large tech and sector-wide pressure weighed on shares.
The fund cited Microsoft’s structural advantage in generative AI, Azure market share gains, and expanding enterprise adoption of Microsoft 365 Copilot as key long-term catalysts.