Seems sensationalist.
If you look closely, the dow was down 7%. aapl's beta is 2.37, so we'd expect apple to fall 17%. goog's is 2.07 for 14.5%. yhoo's 1.19 gives 8%
since the market lost so much money last night, how badly are the tech giants fairing against expectation?
aapl:-4%
goog: 3%
yhoo:-3%
so, either Oh NOES! teh sky is falling! or tech stocks are more sensitive to market activity.
since the market lost so much money last night, how badly are the tech giants fairing against expectation? aapl:-4% goog: 3% yhoo:-3%
so, either Oh NOES! teh sky is falling! or tech stocks are more sensitive to market activity.