Microsoft Shares Drop
Surprise departure of Steve Sinofsky has markets worried
(Reuters) - Shares of Microsoft Corp MSOFT.O slid on Tuesday after the surprise departure of a key executive, who analysts said marks the loss of the driving force behind the company's biggest product.
The shares were down 2.8 percent in afternoon at $27.21.
Microsoft on Monday night announced the departure of Steve Sinofsky, a 23-year veteran of the company and head of its flagship Windows unit, just two weeks after launching the Windows 8 operating system.
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Microsoft is very strong, no one can catch it.