MSFT closed the first quarter at $157.71, making it the only Dow Jones stock to end the first quarter in the black at +0.00006%. All the other tech giants ended the quarter in the red, such as Apple, which was down by 13.4% and Alphabet down by 13.25%, as every sector was impacted by the coronavirus. MSFT benefited from the high usage of cloud services due to many people working from home. Last month, MSFT put out a statement that they did not expect to meet their guidance for the first quarter due to a disruption in their supply chain because of the lockdown in China.