Nine stocks in the Nasdaq-100 have dropped 15% or more during October

Indonesia Berita Berita

Nine stocks in the Nasdaq-100 have dropped 15% or more during October
Indonesia Berita Terbaru,Indonesia Berita utama

The hardest-hit stocks include Tesla and Lucid Group, with a big surprise from Align Technology, which plunged 25% on Thursday.

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The Nasdaq Composite Index is in the midst of a correction. A close look at its Nasdaq-100 subset shows 20 of those stocks fell 10% or more for one week through Wednesday’s close.

Read: The seven companies propping up the U.S. stock market are sending a bearish warning that investors should not ignore A higher-than-expected third-quarter U.S. GDP growth pace of 4.9% may have helped feed the day’s stock-market declines.

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