Inaction rather than action was a key cause of tech incumbent Microsoft‘s (NASDAQ: MSFT) stock dip on Wednesday. A media report stating that the company is apparently unwilling to modify its relationship with a troubled business partner dampened investor sentiment. Ultimately, the shares closed the day nearly 4% lower, a worse performance than the 2.3% dip of the S&P 500 index.
Hands off, mouth shut?
In a brief article published that morning and citing an unidentified “person familiar with the issue,” Reuters said that there is no indication the company plans to limit CrowdStrike‘s (NASDAQ: CRWD) access to Microsoft’s Windows operating system.
The news agency did not elaborate, and Microsoft has not yet commented on the story.
Last Friday, CrowdStrike updated its cloud-based software offerings. This didn’t exactly go smoothly; a defect found its way into the update, and it crashed
