Experts believe the sell-off is a good opportunity to reassess reasons to own mega-cap tech
Thursday 10 Sep 2020 Author: Steven Frazer
High-flying US technology stocks have stumbled over the past week as investors back off from many of the mega-cap companies that have fuelled equity markets since March. Between the market close on 2 September and end of day trading on 8 September, the tech-heavy Nasdaq index fell 10%, while the S&P 500 index dropped 6.9%. Some of the most popular stocks fared even worse. Over the same time period,...