Dotcom bust 2.0 is upon us
May 20, 2022
3 minutes
Matthew Lynn City columnist
It has been a terrible year for the technology stocks that were the big winners from lockdown and were meant to be at the core of any investment portfolio. The Nasdaq is already down by 28% since January and is deep into bear territory. Between them the major technology companies have lost almost $3trn in market value. Apple and Microsoft have both lost half a billion each; Alphabet, the
You’re reading a preview, subscribe to read more.
Start your free 30 days