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3 Tech Stocks That Have Entered Correction Territory
CFLTConfluent(CFLT) Investor Place·2024-08-14 11:25

Wall Street pays significant attention to the technology sector as tech companies typically deliver substantial returns to investors. However, the volatile nature of this industry means that tech stocks can especially shortterm experience downturns. This volatility is typically a result of macroeconomic factors, company-specific challenges and market sentiment. Recently, the First Trust NASDAQ-100-Technology Sector Index Fund (NASDAQ:QTEC) has seen a decline of nearly 4% in July and another 6% in August, al ...