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Rick Witting
It has been difficult for stock markets for six months and IT stocks have been particularly hard hit. A.D. Take a look at the few companies that have increased their stock price in the first half of 2022 and the 10 companies that have significantly reduced their stock price.
Tech stocks have fallen like stock markets
For stock markets, the first six months of 2022 were the worst half of the year since 1970. Major stock indexes have been plagued by economic instability, inflation, ongoing supply chain problems and low volatility since the beginning of the year. Other forces.
Between January 3 and the end of the June 30 trading year, Dow Jones fell 15.27 percent to close at 30,775.43, while technology-heavy Nasdak dropped 29.90 percent to 11,028.74.
Of the 59 tech stocks on the CRN watch list, only four were recorded in the first half of 2022 — both pending acquisitions. The remaining 55 shares have fallen, almost all with double digits and 10 lost more than 50 percent of their total value.
Leading IT suppliers, such as Apple (23 percent down), Microsoft (23 percent down) and Cisco Systems (32 percent down), saw their share prices fall 20 percent to 40 percent in the first half of 2022. / Or companies that have been officially announced in recent years have generally received a 40% or more discount.
A.D. See the biggest stock winners and losers in 2021. In the first six months of 2022, we will start with four companies that have registered stock prices, counting the largest share price to an IT provider.
Then we list the 10 companies whose stocks have fallen the most, with the IT provider having a huge loss.
The rates are based on January 3, 2022 opening prices and June 30, 2022 stock closing prices.
Rick Witting
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