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04-29-2014, 12:42 AM
Facebook, Twitter, Amazon Stocks Tumble, but Apple Has a Good Day
http://rack.0.mshcdn.com/media/ZgkyMDE0LzA0LzI4LzFkL1N0b2Nrcy5hODNmMS5qcGcKcAl0aH VtYgk1NzV4MzIzIwplCWpwZw/d22f82d9/a9a/Stocks.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=Facebook%2C+Twitter%2C+Amazon+Stocks+Tumble%2 C+but+Apple+Has+a+Good+Day&src=http%3A%2F%2Fmashable.com%2F2014%2F04%2F28%2Ft ech-stocks-crash%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F04 %2F28%2Ftech-stocks-crash%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
It looks like tech stocks are suffering from a case of the Mondays
Facebook, Twitter, Amazon and other tech stocks each declined by 2% or more by the end of trading Monday as investors shift away from so-called "momentum" tech stocks with high valuations.
See also: Why Mobile Ads Are Seen as a Boon to Facebook, But a Plague to Google (http://mashable.com/2014/04/25/facebook-google-mobile-ads/?utm_medium=feed&utm_source=rss)
There had been a broad selloff among tech stocks earlier this month, but there were signs of a rebound as earnings season got under way. The decline on Monday was a reminder of ongoing volatility in the tech sector.
There were, of course, more specific factors at play for some of these stocks. Amazon stock has declined on back-to-back trading days following its lukewarm earnings report (http://mashable.com/2014/04/25/amazon-shares-slammed/?utm_medium=feed&utm_source=rss) Thursday, in which it projected a sizable operating loss in the upcoming quarter. Twitter is coming up on the end of a major stock lockup period (http://mashable.com/2014/04/14/twitter-founders-ceo-stock/?utm_medium=feed&utm_source=rss) Read more... (http://mashable.com/2014/04/28/tech-stocks-crash/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Stocks (http://mashable.com/category/stocks/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1398717222 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1398717222)http://feeds.feedburner.com/~r/Mashable/~4/VC6SyEuqIaU
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It looks like tech stocks are suffering from a case of the Mondays
Facebook, Twitter, Amazon and other tech stocks each declined by 2% or more by the end of trading Monday as investors shift away from so-called "momentum" tech stocks with high valuations.
See also: Why Mobile Ads Are Seen as a Boon to Facebook, But a Plague to Google (http://mashable.com/2014/04/25/facebook-google-mobile-ads/?utm_medium=feed&utm_source=rss)
There had been a broad selloff among tech stocks earlier this month, but there were signs of a rebound as earnings season got under way. The decline on Monday was a reminder of ongoing volatility in the tech sector.
There were, of course, more specific factors at play for some of these stocks. Amazon stock has declined on back-to-back trading days following its lukewarm earnings report (http://mashable.com/2014/04/25/amazon-shares-slammed/?utm_medium=feed&utm_source=rss) Thursday, in which it projected a sizable operating loss in the upcoming quarter. Twitter is coming up on the end of a major stock lockup period (http://mashable.com/2014/04/14/twitter-founders-ceo-stock/?utm_medium=feed&utm_source=rss) Read more... (http://mashable.com/2014/04/28/tech-stocks-crash/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Stocks (http://mashable.com/category/stocks/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1398717222 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1398717222)http://feeds.feedburner.com/~r/Mashable/~4/VC6SyEuqIaU