Why Twilio, Pinterest, and Peloton Stocks Fell Sharply Thursday

Why Twilio, Pinterest, and Peloton Stocks Fell Sharply Thursday

Many tech stocks were hit hard on Thursday. The market sell-off has been particularly unkind to many of the growth stocks that surged in 2020. Highlighting how a bearish day in the overall market weighed on these stocks, the S&P 500 was down 1.4% at the time of this writing and the tech-heavy Nasdaq Composite was down about 2.4%.