Why International Stocks Are Sinking Today
Yandex (NASDAQ: YNDX). Weibo (NASDAQ: WB). Telkom Indonesia (NYSE: TLK).
What do Russia's biggest search engine, China's version of Twitter, and Indonesia's giant phone company have in common? And one other thing: All three of these international tech stocks are down more than 10% in Wednesday trading.
As of 1:25 p.m. EDT, Yandex is down 11%, Weibo 12%, and Telkom Indonesia 11.8%.
Source Fool.com