These 19 large-cap stocks have now dropped at least 60% from their 52-week highs

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The 19 biggest tech losers plummeted at least 60% from their 52-week highs on Friday.

The latest inflation figures on June 10 were worse than expected and the effect on stock prices was brutal. A list of stocks in the S&P 500 and the Nasdaq-100 Index that have fallen at least 60% from 52-week highs is below.

Hand-in-hand with the inflation report was a record-low figure for the University of Michigan’s Consumer Sentiment Index. Stocks down at least 60% from their 52-week highs To take a broader look at large companies suffering the biggest share price declines, we added the components of the Nasdaq-100 Index NDX, -3.56% to the S&P 500 for a list of 519 companies after removing duplicates. Click on the tickers for more about each company.

 

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Yes and JimC is bearish on those for now...especially PayPal. Debt is not being paid back so yeah pay later kinda not working.

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These 19 big tech stocks have now dropped at least 60% from their 52-week highsThe biggest losers in the stock market include DocuSign, PayPal, Netflix and Zoom Video Communications. please tell me something I dont know... The PayPal one was obviously going to happen. The avg stock before the pandemic was in the mid 80s. By 2021 it was at 250. Just think - some of the market darlings have to go down 90% from ATH to get to Sun Microsytems peak valuation back in the bubble before it went down 90%. 'Sun Microsystems, The Greatest Quote & The Rise of the Reckless'
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