Why Trade Desk, MongoDB, Okta, and Alteryx Stocks All Dropped Today
The stock market took a terrible tumble this morning, and it appears to be getting worse as the day gets longer. As of 10:40 a.m. EST, the Dow, Nasdaq, and S&P 500 are all down 3% or more, and tech stocks in particular are looking much worse for wear.
So far, shares of Alteryx (NYSE: AYX) are down 4.9%, Okta (NASDAQ: OKTA) is off 6.1%, Trade Desk (NASDAQ: TTD) stock fell 6.5%, and MongoDB (NASDAQ: MDB) 6.7%. On the plus side, all four of these stocks were down much more earlier in the day -- every one but Alteryx fell more than 10% in early trading, and Alteryx fell nearly 10%.
Coronavirus looks scary -- and investors are scared. Image source: Getty Images.
Source Fool.com
