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International Business Times
International Business Times
Business

Microsoft (MSFT) Stock Rebounds Modestly on March 16 Amid Broader Market Recovery and Ongoing AI Optimism

Microsoft Corp. (NASDAQ: MSFT) shares advanced modestly in early trading on March 16, 2026, as the tech giant participated in a broader equity rebound fueled by easing geopolitical tensions and a retreat in oil prices. The stock, a key component of the NASDAQ Composite, traded higher after a sharp pullback last week that saw it close at $395.55 on March 13 — down 1.57% or $6.31 from the prior session.

By mid-morning Eastern Time, MSFT was changing hands around $397, up approximately $1.50 or 0.38% from Friday's close, with volume picking up steadily. Real-time quotes showed the stock opening near $397.95, reaching a session high of $398.14 and dipping to a low of $394.79 before stabilizing. Pre-market activity had pointed to gains, aligning with positive sentiment across major indices following reports of potential de-escalation in Middle East conflicts that had previously driven crude prices higher and pressured growth stocks.

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