Where is the fool that posted how Pandora was one of Raymond James largest holdings? If their dumping MSFT do you really think they would hang onto a company that has NEVER made money?
SAN FRANCISCO (MarketWatch) -- Microsoft Corp. shares continued to slump in afternoon trading Friday in the wake of the software company's disappointing fiscal fourth-quarter earnings report. Microsoft fell $4.13 a share, or 11.7%, to $31.32, as analysts at Cowen & Co. and Raymond James cut their ratings on the company. It was the largest one-day percentage drop for Microsoft's shares since Nov. 30, 2008. The losses were spurred on mainly by concerns about the impact of weak PC sales affecting Microsoft's Windows business as the company begins a major realignment led by Chief Executive Steve Ballmer.