The Tech Crack-Up

The tech sector has been getting hit hard over the last few days. Here’s a look at the intra-day chart of Facebook (black), Netflix (gold) and Twitter (blue):

Bloomberg says that the tech correction is close to $300 billion.

What’s interesting is that Facebook is the biggest loser today in the S&P 100. At least it was the last time I looked. After that come some semi-related stocks: MasterCard, Amex, Visa, PayPal, Priceline and Amazon.

Posted by on July 30th, 2018 at 2:57 pm


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