Why Netflix, Facebook, and Micron Shares Plunged Today

Shares of many high-performing tech and consumer goods companies were in line for some drastic corrections this Wednesday. Netflix (NASDAQ: NFLX) dove as much as 7.5% lower, Facebook (NASDAQ: FB) took a 4.6% haircut at most, and Micron Technology (NASDAQ: MU) suffered a 9.7% drop as of 3:20 p.m. EST.

None of these large market corrections were based on any particular news from the companies in question. They do have one thing in common, however: market-crushing stock charts in 2017.

Source: Fool.com