why are tech stocks down today reddit

Youve probably heard of the faang stocks. The tech-heavy Nasdaq Composite is down around 23 for the year so far after soaring 21 in 2021.

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It came for the meme stocks weed stocks SPACs penny stocks small caps midcaps high multiple stocks.

. Reddit is a social news and entertainment website where registered users submit content in the form of either a link or a text self post. Never Store Cryptocurrency On An Exchange Reddit Cryptocurrencies Will Be Shut Down - So why are tech stocks down today. Why Are Tech Stocks Down Today.

Or should I just sell now and take the loss. Companies from a wide variety of sectors has fallen 13 this year. Sector rotation into financials as the Fed signaled a rat hike for December and more deregulation.

Judging by the futures the NQ is down 68 from its highs a 18 gap down this morning alone. The Top 7 Ways to Invest in Semiconductors Now This stock has held onto most of its gains thanks to the still-inflated valuations for EV stocks coupled with what remains of meme stockReddit. Investors across a vast range of technology companies are.

Even after stocks overall bounced back last week technology giants like Netflix and. Tech Stocks Alert. Shares have fallen more than 50 off their highs.

I didnt speak since I owned none in that category. Technology stocks are crashing what now. Now that certain indications suggest the economy is getting back on track investors look for better places to park their money.

Stocks had their worst week since the early days of the pandemic as a disappointing earnings report from netflix spooked tech investors. 1 end of the month funds re-balance stocks go up to start the month and go down at the end and 2 holiday long weekends people selling off before they go spend canada day4th of july on their yacht. Meme stocks sensation shows no signs of slowing down.

Everything is down because of a calendar double whammy. Is this a sign to pour money into the stocks. Need to know tech stocks are under pressure.

I get that its frustrating. By midday Tuesday Amazons shares were trading more than 40 below the companys 52-week high of 377308 a level previously unseen since February 2020. Apple trial thats currently ongoing.

Its a combination of the entire market being down and the Epic Games v. Having trouble understanding why many tech stocks are down today. A friend just messaged me saying that his portfolio lost 10 of its value recently and that this was complete doomsday.

Tech was already near monthly resistance and the ECB said this morning that the US markets were overstretched which triggered a rush to take profits. Buying up calls all day. It is also noteworthy that the sell-off hurts.

Tech investors may already be questioning their hopes for 2022. FB is toting losses of 55 as a result of this fiasco. But for now inflation means that falling stock prices are seen merely as a side effect of tighter monetary policy not a reason to invoke the Fed put and rescue investors.

Now REITs utilities large cap stocks are tanking 20 from earnings or just the overall fear of Fed raising rates. The nasdaqhelmed by tech heavyweights apple microsoft amazon and teslasis now down nearly 5 from a closing high last monday. Shares of reddit icon gamestop corp.

At todays prices the stock sports a. Apple down 4 after huge quarter lol. I have amazon tesla apple google microsoft nio paypal ali baba and shopify.

The most notable factor driving tech stocks lower today was a rather dismal inflation printThe most recent consumer price index CPI data for May is in and we. My guess is they shot up to ATH because people were on tech all the time due to. Will my tech stocks be okay in the long term.

But at its current prices around 22 per share LAZR stock remains richly-priced. Its getting too big to hide one stock is holding the entire market hostage because SEC wont step in and stop wash sales. A 33 slide for the technology-heavy Nasdaq Composite index Wednesdaypart of a.

And shares of Apple despite its. That helps explain why tech stocks as well as other stocks are down today. Why are tech stocks down today reddit.

This one is baffling. All my tech stocks are going down the drain. Apple stock is worth 12202 per share down from its recent highs of more than 145.

Shopify has gone completely down the drain. There is nothing magical about a fall of 20 the usual definition of a bear market. For the sake of comparison the SP 500 an index made up of 500 of the largest US.

Why All Crypto Going Down Today Reddit. People rotating from tech stocks largely the stay-at-home stocks into stocks that dipped during coronavirus because businesses are starting to re-open. GOOGL is continuing a week-long downturn with losses of nearly 25 so far today.

Bring up cryptocurrency today and you are. This caused a waterfall effect as everybody rushed to get out. Stocks fall to start the week as tech stocks drag down market nasdaq loses 25 published sun may 9 2021 605 pm edt updated mon may 10 2021 437 pm edt yun li yunli626 Tech stocks are taking a beating this monday.

Todays been quite the doozy for investors in top tech stocks. Focused investor attention on stocks that had been beaten down by. Why TSLA NVDA FB AMZN UBER Stocks Are Down Today.

Given these points here are some of the most popular tech stocks down MTD.

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