Investor's Guide When Big-Tech Stocks Are Down By 26%
The majority of the big technology stocks have taken heavy losses in 2022. The technology-heavy index NASDAQ and the Dow Jones Industrial Average are both down by over 26% in the first half of 2022. While many have taken this as a sign of something to worry about, let us pay attention to what investors have to say.
Technology giants have taken a brutal hit. Apple, which helped drive the historic stock market rise over the last decade, is down 24.1 percent. Google’s stock price is down by 28.1 percent, Amazon is down 39.4 percent, and Meta, the parent company of Facebook, is down 47.2 percent.