Why Apple, Amazon, and Meta Platforms Dropped Today
Wednesday is looking like it's going to be another rough one for tech stocks. With the Nasdaq down 2.2% as of 11:45 a.m. ET, shares of many of the biggest names in big tech are falling in tandem:
Image source: Getty Images.
And yet, in the absence of much news obviously affecting these three stocks (other than the generalized sell-off in tech), there really seems to be good reason for only two of these stocks going down today. You see, if there's any common thread running through each of Apple, Amazon, and Meta today, it's the fact that all three of these tech giants featured prominently in Piper Sandler's just-released 43rd Semi-Annual Generation Z Survey of 7,100 U.S. Teens.
Source Fool.com
