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The Big 5 lose millions - Printable Version +- Sinisterly (https://sinister.ly) +-- Forum: General (https://sinister.ly/Forum-General) +--- Forum: World News (https://sinister.ly/Forum-World-News) +--- Thread: The Big 5 lose millions (/Thread-The-Big-5-lose-millions) |
The Big 5 lose millions - Ecks - 06-11-2017 The so-called "big five",Apple , Alphabet, Microsoft , Facebook and Amazon, lost more than $97.5 billion in market value between the close on Thursday and the close on Friday, according to FactSet, dragging the Nasdaq to its worst week of the year. Shares of Apple fell nearly 4 percent on Friday, while the other four companies fell more than 3 percent. For most of the day, only 3 stocks in the S&P 500 tech sector were in the green: IBM , Teradata and Western Union . Apple, Facebook, Amazon, Netflix, and Alphabet all traded more than 2 times their 30-day average volume... "They're just plain overbought," said David Bahnsen founder, managing director and chief investment officer of The Bahnsen Group, a private wealth management firm. "They are extremely stretched from a valuation standpoint." Read more : https://sg.finance.yahoo.com/news/five-biggest-tech-stocks-lost-213300113.html RE: The Big 5 lose millions - mothered - 06-11-2017 Not that I know too much about shares, but from what I gather (correct me If I'm wrong), due to It's Inevitable fluctuation It can be a risky Investment, hence what these companies have experienced. Although It's a huge loss, companies of the big 5 magnitude will bounce back quite quickly. RE: The Big 5 lose millions - Ecks - 06-11-2017 Oh yes , they are already bouncing back, but when these little dips in the market happen or even a big dip, that is the time to buy buy buy, within reason of course. Then when the market bounces back you can see a nice little return on your investment and very very rarely a huge one. RE: The Big 5 lose millions - zorrophreak - 06-11-2017 I always have found these companies to be bad ideas for investment. Everyone wants to invest in them, obviously startup and new-to-market stocks are best ideas. But of course they're going to bounce back pretty fast. RE: The Big 5 lose millions - Ecks - 06-11-2017 You gotta pounce when they go down, like a lion on a zebra. |