Tuesday, April 03, 2018

TECHNOLOGY_ Technology Shares Plunge Again Amid Growing Backlash

THE WALL STREET JOURNAL

MARKETS

Technology Shares Plunge Again Amid Growing Backlash

So-called FAANG stocks have lost roughly $397 billion in market capitalization since March 12


Growing scrutiny around stalwart technology names has raised fears among investors of tighter regulations that could take aim at the most valuable commodity for many of the companies—users’ data. Photo: damien meyer/Agence France-Presse/Getty Images


By Akane Otani, Michael Wursthorn and Ben Eisen
Updated April 2, 2018 7:28 p.m. ET
718 COMMENTS

Shares of the biggest names in the technology industry extended their three-week decline Monday, raising fears among investors that cracks could finally be appearing in what had been one of the most enduring trades of the past year.

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READ MORE: https://www.wsj.com/articles/technology-shares-plunge-again-amid-growing-backlash-1522689491


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