Tech Stocks are long over due for a corrections, correction happen often in the market and no one can predict with 100% accuracy 100% of the time when it will happen nor how severe the correction will be. However it is within these corrections that Investors often find the most value long term. These 6 stocks posted double digit losses on Friday 2.26.2021:
- SilverSun Technologies(NASDAQ:SSNT) stock declined by 18.68% to$6.27 during Friday’s regular session. As of 2.26.2021, this security was trading at a volume of 748.9K shares, making up 209.79% of its average full-day volume over the last 100 days. The market value of SilverSun Technologies outstanding shares is at $28.2 million.
- NeoPhotonics(NYSE:NPTN) shares declined by 16.41% to $9.73. As of 2.26.2021, NeoPhotonics’s stock was trading at a volume of 1.2 million, which is 175.03% of its average full-day volume over the last 100 days. The company’s market cap stands at $487.9 million. As per the press release, Q4 earnings came out Thursday 2.25.2021.
- Zix(NASDAQ:ZIXI) shares decreased by 15.99% to $7.78. As of 2.26.2021, this security was trading at a volume of 1.0 million shares, making up 177.67% of its average full-day volume over the last 100 days. Zix’s market cap stands at $443.3 million. The company’s Q4 earnings came out Thursday 2.25.2021.
- Applied Optoelectronics(NASDAQ:AAOI) stock decreased by 15.49%to $9.44. The current volume of 994.3K shares is 132.05% of Applied Optoelectronics’s average full-day volume over the last 100 days (updated 2.26.2021). The market value of Applied Optoelectronics outstanding shares is at $216.8 million. News reports indicate, the Q4 earnings report came out Thursday 2.25.2021.
- Envestnet(NYSE:ENV) stock decreased by 13.75% to $69.0. Trading volume for Envestnet’s stock is 2.9 million as of 2.26.2021. This is 808.43% of its average full-day volume over the last 100 days. The market value of Envestnet’s outstanding shares is at $3.7 billion. The company’s Q4 earnings came out Thursday 2.25.2021.
- Taoping(NASDAQ:TAOP) shares declined by 13.27% to $8.5. Trading volume for Taoping’s stock is 510.5K as of 2.26.2021. This is 20.87% of its average full-day volume over the last 100 days. The market value of the company’s outstanding shares is at $72.1 million.
This list is for educational purposes only if you decide that you want to invest in any of these stocks listed here please do your own due diligence, consult your own financial advisor and invest based upon your own risk appetite.
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