With the 25.9% drop in Meta, owner of Facebook, the technological index Nasdaq was painted red and the other stations recorded huge losses in the session this Thursday, mainly firms such as Amazon, Free Market Y Paypal.
The two big ones electronic commerce carry index losses Wall street, Amazon has a 6.56% drop in sales at $ 2,813, while Free Market It works with a price of $ 1,013.8 and falls 6.36% on the day.
Meanwhile, the popular social network Twitter lost 5.79% and even Pinterest 9.73% to $ 24.67, Spotify it fell 15.95% to trade at $ 161.31 on Thursday.
Paypal continues yesterday’s loss of more than 20%, and today it drops by 5.49%, and even the streaming platform Netflix it lost 5.20% to sell for $ 407.25.
Also the video conferencing platform made popular by the pandemic, Zoom video, recorded a decrease of 5.18%, the developer of office applications Adobe lost 3.07%, Microsoft falls 2.72% and Alphabet, parent of Google, decreased by 1.68%, and moves away from the 2 billion it came close to the previous day.
“It shakes investors’ determination around the recent emergency lending rally we’ve seen in technology,” said Robert Pavlik of SlateStone Wealth LLC in New York. “There’s a bigger problem, too, and that’s higher interest rates and inflation.”
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Reference-www.eleconomista.com.mx