Why Plug Power, DocuSign, and CrowdStrike Stocks All Crashed Today
Tech stocks were red hot in 2020. Companies bringing to market new, advanced technologies -- often technologies that aren't yet producing profits for their makers -- helped power the S&P 500 past 16% total gains last year, and propelled the tech-heavy Nasdaq to a 43% gain. All three stocks took a tumble in Monday trading, and as we roll past 12:45 p.m. EST, Plug shares are down 3.6%, CrowdStrike is down 3.9%, and DocuSign is down 5%.