Line chart of percent change since February 3, 2026, with Microsoft up 29.7 percent and the iShares software ETF up 17.5 percent through November 10.

Microsoft closed Tuesday at $533.16, up 29.7% since February 3, while the iShares Expanded Tech-Software ETF (IGV) is up 17.5% over the same stretch.

  • Microsoft +29.7% since February 3

  • IGV +17.5% since February 3

February 3 was the SaaSpocalypse selloff day. Microsoft fell 2.9% and IGV fell 4.6%.

See more in the Opening Bell charts hub.

Microsoft has come out of the software selloff far ahead of the group.

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Phil Rosen
Phil Rosen

Phil Rosen is co-founder and CEO of Opening Bell Media and chief market strategist for Silvia Inc. (NASDAQ: SVIA). He hosts Full Signal and writes Opening Bell Daily — the markets briefing read by over 200,000 investors and published on Bloomberg Terminals — and has also published two books and won a Fulbright award for his reporting. Contact him at [email protected].

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