May 12: Tech sector value decline
The world’s largest technology companies have lost over $1 trillion in value over the last week (May 5 to May 11).
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Source: CNBC
Published: May 2022
Tech sector value decline
The world’s largest technology companies have lost over $1 trillion in value over the last week (May 5 to May 11). Here are the top tech companies affected:
Company: Tesla
Value drop (%): -16.0%
Company: Amazon
Value drop (%): -13.6%
Company: Nvidia
Value drop (%): -13.5%
Company: Meta Platforms (Facebook parent)
Value drop (%): -11.5%
Company: Microsoft
Value drop (%): -7.1%
Company: Apple
Value drop (%): -7.0%
Company: Alphabet (Google umbrella)
Value drop (%): -6.5%
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