Tech stocks have plummeted in 2022 so far

An Amazon logo on a phone and a graph illustration showing a red down arrow.

Amazon is among the big tech stocks losing ground so far this year. (Source: AP)

Stock market-listed technology companies the world over have seen their share prices plummet in the first few weeks of 2022, as concerns over rising inflation scare off investors.

The NASDAQ 100 Technology index, which includes gigantic names like Apple, Microsoft and Google’s owner Alphabet, shed 12 per cent of its value in the first 21 days of 2022.

The unusually sluggish start to the year for technology stocks…


Source link

About search

Check Also

3 stocks with the biggest gains took April's biggest losses – Yahoo Finance

3 stocks with the biggest gains took April's biggest losses – Yahoo Finance

[unable to retrieve full-text content]3 stocks with the biggest gains took April’s biggest losses  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *