‘Magnificent 7’ stocks aren’t the only high-flying tech names getting hit hardest in this sell-off
It was a cruel month for shares Technical stocks are lower markets lower, just as they managed the rally in 2023 and 2024A number
And although recently the sale operation has paid a lot of attention on the so-called “magnificent seven” crash, only one cannon under these names has been large technological losses in recent weeks.
Netflix (Nflx), AMD (Dash), Micron (Mouse), Dell (:Disaster), and Palander (Fungus), among other things, are some of the names that have been washed in this last route of this last market.
And although some of these shares have submitted an application on Wednesday The technical answerSome people warn in Wall Street that the last instability contains a softer image under the area of ​​the stock market.
The last pricing operation “really felt absurd” – Myiza analyst Jordan Kleei clay wrote to customers on Friday. “Does not like the general panic or capitulation, but being quite close.”
During 52 weeks, Netflix shares reached about 15%, it reached only a month ago, when the shares were sold higher than $ 1,000.
Klein called the “past retail and body thematic chosen” in technology, media and telecommunications, including Applovin names (:Program), Confirm (Apher), Oku (Good) and reddit (Red) Everyone has seen the shares fall from 30% to 50% in the past month.
Chipmakers are like money and microns, super micro (Cm), Intel (Invade) and with semiconductor (Sideways) All of the following 52 weeks are at least 40% down, according to Yahoo Finance data.
The shares of the palantry, which in the previous momentum, have closed 30% on February 19. Dell’s shares are also blinked by about 50%.
Of course, some of these names have also fought basic problems.
Palantir often trades like meme stock and Stocks sold last month Fearing that the US government will sharply cut defenses. The heavy content of Netflix is ​​spending and heads of possible engagement were summoned by analysts related to his evaluation.
And the shares of chips have collided in the house and abroad, the sale of deep sales in February, highlighting the health and durability of large artificial intelligence.
MAG 7 players who drove A biennial bull market profit – NVIDIA (Nvda), Tesla (Stake), Alphabet (GardenTo be in style Gogl), Amazon (:Amzn), Meta (Meta), Apple (Aapl), and Microsoft (Hook) All below 16% to 25% in 52 weeks, with Apple and NVIDIA are sitting in a group of narrow and biggest losses. The exception is, of course, Tesla, which is less than 50% from the record in December.