At a Glance: High-flying tech stocks fall from recent highs

0

Investors have clipped the wings of high-flying tech stocks in recent weeks, as they re-focus on safer sectors such as utilities, health care and consumer staples. Shares of tech favourites such as Facebook, Netflix and Twitter are 19 per cent to 46 per cent below their recent peaks.

Here’s a look at how far some tech stocks have fallen from recent highs:

— Amazon.com Inc.

Peak: Jan. 22 at $408.06

Friday’s closing price: $311.73

Decrease: 24 per cent

— Facebook Inc.

Peak: March 11 at $72.59

Friday’s closing price: $58.53

Decrease: 19 per cent

— Google Inc.

Peak (split-adjusted): Feb. 26 at $615.04

Friday’s closing price: $537.76

Decrease: 13 per cent

— LinkedIn Corp.

Peak: Sept. 11, 2013 at $257.56

Friday’s closing price: $165.78

Decrease: 36 per cent

— Netflix Inc.

Peak: March 6 at $458

Friday’s closing price: $326.71

Decrease: 29 per cent

— Twitter Inc.

Peak: Dec. 26. 2013 at $74.73

Friday’s closing price: $40.05

Decrease: 46 per cent

— Yahoo Inc.

Peak: Jan. 4, 2000 at $125.03

52-week high: Jan. 8 at $41.72

Friday’s closing price: $32.87

Decrease from 52-week high: 21 per cent

Leave a comment

Your email address will not be published. Required fields are marked *