On May 12, the Nasdaq Composite briefly touched a new 52-week low of 11,108.76, which represented a drawdown of more than 30% from its all-time high (recorded in Nov. 2021). For example, during a bull market, the equity and crypto portions of a portfolio can become larger than intended due to rising values.
These fast-growing stocks are ripe for the picking following a nearly 30% peak decline in the Nasdaq.
Yahoo Finance's Jared Blikre joins the Live show to break down the sustained losses of megacap companies and tech leaders.