The Tech Sell-Off Just Sent 3 Top Stocks Down 20%-Plus
The monthlong Great Tech Stock Crash of 2021 may have reached its culmination last week as the S&P 500 suffering its "worst week in three months" and then fell again on Monday. But exactly how bad have things actually gotten?
Well, let's see here: On Friday, May 7, the S&P 500 closed at its all-time high price around 4,233. Six trading days later, by noon Monday, the stock market crash had rolled that number all the way back to ... 4,150. That's a decline of just 2%.
So you can stop panicking now. It's not as bad as some are making it out to be.
Source Fool.com