By Keith Noonan, The Motley Fool
Publication Date: 2026-05-15 16:26:00
Microsoft (NASDAQ: MSFT) stock is solidly in the green on Friday despite a bearish backdrop for tech stocks. The company’s share price was up 3% as of noon ET. Meanwhile, the S&P 500 was down 1.2%, and the Nasdaq Composite was off 1.4%. The stock had been up as much as 4.1% earlier in the session.
Microsoft is rising today following news that Bill Ackman’s Pershing Square Capital Management had bought shares and sold out of its position in Alphabet. Despite today’s pop, Microsoft is still down 13% in 2026 and 22% from its lifetime high.
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Ackman drops Alphabet and buys Microsoft
Pershing Square is a hedge fund founded and run by billionaire Bill Ackman, and it has an impressive track record of success. As a…
