Tech Stocks Going Down

Tech stocks have become expensive to a point that many would call it a bubble. Shares of tesla are off more than 6% today, now mired in.

Rain. Falling rain on a tent window , AFF, Falling,

These days it seems everyone is making money except for tech investors.

Tech stocks going down. Aapl) has fallen 14.9 percent in the past month. I see potentially 30 percent to 40 percent downside on the faangs , he told cnbc. Already, big tech names such as facebook inc.

Aapl) stock is down 4.1%. Since the end of q3 2020, there has been a marked rotation from pandemic stocks (mainly tech) to recovery stocks (industrials, financials, consumer discretionary, etc.). While the market has whipsawed up and down over the course of 2020, tech stocks have steadily climbed to new highs.

Tech could easily drop another 10%, perhaps more. The correction has happened because of number one:. Reits, on the other hand, are offered at near 10 year low valuations and provide much better value at the moment.

The nasdaq 100 , the largest 100 nonfinancial stocks in the nasdaq, is 10% off the historic high it hit just three weeks ago, but. A strong recovery in the last few days has many. Two of their bigger funds, the ark innovation etf and the ark internet etf, both of which are very focused on high growth tech stocks, are down 28% and 26%.

So lately the market has been going down and people might have gotten some bloody days in their portfolios. Tech stocks are in a correction. Analysts believe these seven tech stocks are currently cheap.

Lloyd explains that a rising yield. So why are tech stocks. Amazon's stock is off 12% from a recent peak in early february.

Inflation fears have further driven. The nasdaq is flat for the year and fell into a 10% correction just a few days ago. Tsla) stock is down 3.4%.

Big tech stocks tumbled monday amid a growing backlash against silicon valleys crackdown on president trump and his supporters. Googl) stock is down 3.4%; Tech stocks have been going through a bumpy 2021.

Apple shares are down more than 18% from their january high. And chipmaker nvidia has seen its. Microsoft (nasdaq:m sft) stock is down 2.3%.

7:46 am pst february 23, 2021. Read on for all the important details. Again, these are just the averages.

Since february, the tech sector has fallen into quite a slump. The correction has affected tech the most as the nasdaq is about 8% from its all time highs. Meanwhile, as the economy reopens, investors have taken a fresh look at old economy stocks such as airlines, retailers and industrial companies.

( fb ), amazon.com inc. See a list of tech stocks that move the market from yahoo finance, with latest stock price and other details. The nasdaq composite index is down 3.21 percent as of feb.

During the same period, tesla shares (nasdaq: Why tech stocks have further to drop. 07, 2021 9:00 am etamlp, arkk, spg.

Nintendo Switch Pro Controller in 2021 Nintendo switch