Tech stocks just had their worst week since March 2020 as Peloton and Netflix scared investors

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: Peloton fell below its IPO price, Netflix suffered its steepest drop in a decade, and chip stocks continued to struggle. Add it all up and the Nasdaq just closed out its worst week since the beginning of the pandemic.

?Source: CNBC.com – video report

Date: Jan 21, 2022

Link: https://www.cnbc.com/2022/01/21/peloton-plunge-netflix-miss-send-nasdaq-to-worst-week-since-march-2020.html

Questions for discussion:

  • What does the report say are the reasons for the dramatic fall in tech stock prices?
  • Given the drop, is this a good time to buy these shares, in your opinion?

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