+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Tech stocks are getting crushed in the selloff

Jan 20, 2016, 23:02 IST

Marcio Jose Sanchez/AP

Tech markets, like all global stocks, are getting crushed today.

Advertisement

The Dow fell 500 points in morning trading, while the Nasdaq plunged 160 points. And most big US tech companies got hit.

Overall, 2016 has been the worst start ever to a calendar year for the stock market.

Here's some of the tech companies hit hard:

Etsy: down ~8.2%

Advertisement

Square: down ~8.24%

Netflix: down ~7.2%

Facebook: down ~4.8%

Yahoo: down ~7.5%

Pandora: down ~4.7%

Advertisement

And here are some that managed to suffer only minor plunges:

Intel: down ~1.7%

Google: down ~3.2%

eBay: down ~2%

Amazon: down ~3.9%

Advertisement

Apple: down ~2.9%

Microsoft: down ~2.33%

Twitter: up ~1.2%

Chip maker Broadcom, slated to be acquired by Avago Technologies later this year, is slightly in the green: ~.62%

NOW WATCH: A startup has an idea to revolutionize showers, and Apple's CEO has already invested in it

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article