Megacap technology stocks were pummeled on Monday, adding to a recent slump that is evoking September 2020, when the Nasdaq 100 Stock Index tumbled nearly 13% over a three-week span.
The five biggest U.S. technology companies -- Apple Inc., Amazon.com Inc., Facebook Inc., Google-parent Alphabet Inc. and Microsoft Corp. -- have shed more than $500 billion since the Nasdaq 100 peaked on Sept. 7.
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September 21, 2021 at 02:03AM
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Megacap Tech Selloff Hits $500 Billion Since Nasdaq 100 Peak - Bloomberg
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