Why Teladoc, Docusign, and Impinj Stocks Fell 10% Today
Teladoc (NYSE: TDOC). Docusign (NASDAQ: DOCU). Impinj (NASDAQ: PI).
What do these three stocks have in common? At the broadest level, all three are "tech stocks." Teladoc is pioneering the field of telemedicine. Docusign is the leading name in e-signatures for documents. Impinj is working to make the long-promised "Internet of Things" a reality.
But is this the reason all three stocks lost 10% or more in early trading Thursday? Is it why Teladoc closed the day down 13.5%, Docusign down 8.4%, and Impinj 13.9%? Do investors just all of a sudden hate tech stocks?
Source Fool.com
