Yahoo Finance Stock Market Today, March 20: Facebook Pounded Again
Tuesday witnessed continued volatility in certain pockets of the technology sector, led by growing concerns about Facebook FB in the wake of the Cambridge Analytica scandal. Other social media companies like Twitter TWTR felt the selloff today. Nevertheless, major indexes held up and remained in the green as investors anticipate the results of the Fed’s ongoing meeting.
Major Indexes
Dow: 24,727.27 / +116.36 / +0.5%
Nasdaq: 7,364.30 / +20.06 / +0.3%
S&P 500: 2,716.94 / +4.02 / +0.2%
Zacks Rank #1 (Strong Buy) Top Movers
Value: Stoneridge SRI - +16.6%
Growth: SRI
Momentum: SRI
VGM: SRI
Income: Dover DOV - +4.0%
Top Headlines
5 Better Tech Picks If You Don't Like Facebook Now
Spooked by the data breach news, social media giant Facebook was one of the worst-performing stocks on Wall Street in Monday’s trading session. This has sparked concerns over increased regulation for large tech companies, triggering a selloff in the hot and soaring technology corner of the broad stock market.
What Is MuleSoft, and Why Does Salesforce Want to Buy It?
Shares of integration software maker MuleSoft MULE soared more than 20% in early afternoon trading Tuesday after news reports suggested that it was in advanced talks to be acquired by cloud computing giant Salesforce CRM.
Nvidia's Stock Pops on "Ray Tracing" Technology Reveal
Shares of Nvidia NVDA climbed over 2.2% on Tuesday morning as investors begin to realize that the company's brand-new ray tracing technology is poised to alter the growing multibillion-dollar video gaming industry for good.
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Facebook, Inc. (FB) : Free Stock Analysis Report
Twitter, Inc. (TWTR) : Free Stock Analysis Report
Stoneridge, Inc. (SRI) : Free Stock Analysis Report
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