Big tech loses combined $1.3 trillion in stock market value

Alphabet, Apple, Amazon, Microsoft and Facebook have collectively lost $1.3 trillion in value over the past month, as markets quake under the strain of the coronavirus outbreak.

Facebook experienced the most significant slump, shedding 29.63% of its value, while Amazon’s losses were limited to 13.33%, insulated by an uptick in ecommerce activity.

Source Article

Frederic M. Kolodziej

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