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This Is Why Apple, Facebook, Nvidia and Amazon Are Getting Slammed

May 21, 2023
in Trade Tube
Reading Time: 1 min read
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It’s been a rough time for some of the market’s hottest stocks including Apple AAPL , Facebook FB , Nvidia NVDA and Amazon AMZN , which all saw deep declines on Friday.

Even though the Nasdaq fell 1.8% on Friday, the tech heavy index is still up 15% so far this year, topping the S&P 500’s 9% rise.

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Scott Clemons, chief investment strategist at Brown Brothers Harriman, expects the selloff to continue early this week.

source

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