Microsoft stock selloff acts as 128-point drag on the Dow’s price

Microsoft Corp.’s stock
MSFT,
-7.62%
took a 7.7% dive in morning trading Wednesday, toward the biggest one-day decline in 2 1/2 years, after the software behemoth provided a disappointing second-quarter revenue outlook. The stock was by far the biggest decliner in the Dow Jones Industrial Average
DJIA,
+0.26%,
as the second-place loser was fellow software company Salesforce Inc.’s stock
CRM,
-1.51%,
which fell 1.6% in sympathy. The $19.37 price decline in Microsoft’s stock was shaving about 128 points off the Dow’s price, while the Dow fell 7 points, or less than 0.1%, despite 22 of 30 components gaining ground.