Thursday was brutal for technology stock investors, as the carnage spread far beyond the parent company of Facebook.
Below is a list of the worst 20 performers among the Nasdaq-100 on Feb. 3., led by a 26% plunge in Meta Platforms Inc.
FB,
following a disappointing fourth-quarter earnings announcement.
Read: Facebook owner Meta loses record $232 billion in market value after ‘saying the quiet part out loud’
Here’s how the broad indexes performed on Feb. 3:
-
The Dow Jones Industrial Average
DJIA,
-1.45%
fared best, declining 518 points, or 1.5%, to close at 35,111.16. Despite all the fear in the market as investors look ahead to an expected cycle of interest-rate increases by the Federal Reserve, the Dow has pulled back only 3.4% during 2022 and only 5% from its all-time intraday…
