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Is the bubble finally bursting?
by sschueller 8y ago
Is the bubble finally bursting?
- danso 8y agoI think more time will tell. Facebook and Twitter are both still higher than where they were in March of this year. Same for Alphabet, Amazon, Netflix, Apple, and Microsoft.
- rm_-rf_slash 8y agoAnd even if there is a social media bubble burst it’s not clear whether that would affect other tech stocks or the market as a whole.
- dominotw 8y agoamd, amzn, team had a good run yesterday. Seems like mixed bag. 12% fall for twtr considering it had more than 100% rise this year.
- bdcravens 8y ago> 12% fall for twtr considering it had more than 100% rise this year Of course, that number's currently at 19%; may end up day over 20
- crunchlibrarian 8y agoWhich bubble? The social networking bubble? Yes, probably. The rest of tech is actually doing remarkably well considering Twitter and Facebook's record setting decline yesterday.
- aphextron 8y agoLooks more like a well needed correction to me. $FB and $TWTR are still significantly above their 52 week lows.