Since the stock market bottom during the Great Recession in 2009, tech growth stocks were the driving force on Wall Street. Historically low lending rates combined with the Federal Reserve's quantitative easing program created a plentiful pool of cheap capital that growth-oriented businesses used to fuel expansion.

Yet that came to an abrupt end almost exactly one year ago, and today technology is a lagging sector, down 30% so far this year. While a lot of the wreckage is due to the collapse in speculative plays, many otherwise solid tech companies whose runway for growth remains undiminished have also been pulled down. 

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Source Fool.com