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Mar 05 2022

Additional Factors

  • Mar 5, 2022

The Tech giant—formerly known as Facebook—shed a dramatic 33% of its market value in February. A shocking reversal among the seemingly bulletproof Social/Mobile/Cloud names. That trouncing, combined with much more subtle losses from the much larger AAPL and MSFT, contributed 40% of the S&P 500 losses for the month.

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About The Author

Phil Segner / Sr. Research Analyst & Co-Portfolio Manager