Why Square, Roku, Teladoc, and Shopify All Dropped on Friday

Travis Hoium, The Motley Fool
·3-min read
Why Square, Roku, Teladoc, and Shopify All Dropped on Friday

Shares of some of the hottest technology stocks on the market dropped big on Friday and there's a good reason shares are moving in unison. Square (NYSE: SQ) fell as much as 12.4% early in the day, Roku (NASDAQ: ROKU) dropped 10.4%, Shopify (NYSE: SHOP) was off 11.1%, and Teladoc Health (NYSE: TDOC) dropped 11.2%. As of 1:40 p.m. EST, shares of Square were down 2%, Roku was up 0.2%, Shopify was down 3.1%, and Teladoc was down 4.3%.