News Formal

Tech titans erase more than $1 trillion in market sell-off

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The so-called 'MAGA' stocks, or Microsoft, Apple, Amazon and Google-parent have lost more than $1 trillion since the market rout began.

Amid the broader market sell-off, the four tech titans have erased $1.3 trillion in value since their February all-time closing highs.

Over the last month, Amazon is the relative outperformer, falling just 20.8%. Apple is down 25.4%, while Microsoft has shed 26.9%. Alphabet has lagged its peers, dropping 29.3%. All four stocks are currently in bear market territory.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Let’s pick it up tomorrow

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

13 tech companies that have added women to their boards since 2019 - Business InsiderFacebook just named two women to its board as it seeks gender parity — here are 13 tech companies that have recently diversified their boardrooms
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »