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If Not Rates, What’s the Culprit in the Tech Sell-Off?

If Not Rates, What’s the Culprit in the Tech Sell-Off?

FromCNBC's "Fast Money"


If Not Rates, What’s the Culprit in the Tech Sell-Off?

FromCNBC's "Fast Money"

ratings:
Length:
44 minutes
Released:
Mar 3, 2021
Format:
Podcast episode

Description

The Nasdaq plunged 2.7% Wednesday, with Apple, Amazon, Microsoft and Alphabet losing a combined $175 billion in market cap. But rates, while up on the day, were below levels hit last week. So what’s to blame for the plunge in big tech. Plus the parent company of Rocket Mortage seeing shares come back down to Earth today. We take a look at some of the other names that could get caught up in the Reddit Rebellion.
Released:
Mar 3, 2021
Format:
Podcast episode

Titles in the series (100)

Fast Money airs weeknights at 5p ET on CNBC. Visit http://fastmoney.cnbc.com for additional information.