Technology stocks have taken a beating this year. Many individual investors have used it as an opportunity to double down.
The Nasdaq Composite Index—home to the big tech stocks that propelled the market’s decadelong rally—has fallen 21% in 2022. Shares of Amazon.com Inc. and the parents of Google and Facebook have suffered double-digit declines as well, stung by higher interest rates and souring attitudes about their growth prospects.
Source: finance.yahoo.com
Related posts:
Goldman Sachs Bets on These 3 “Strong Buy” Stocks
Looking for a Monster, Super-Safe Yield? Add 1 of These Big-Time Dividend Stocks to Energize Your In...
‘Time to end this nightmare’: Analyst Dan Ives says Elon Musk will likely step down from Twitter as ...
Over 500,000 fast-food workers in California just got a huge raise thanks to a new law—but not every...
Inflation Is Here to Stay. Here’s How to Adjust Your Portfolio.