Market Peaked Two Years Ago
from the anniversary-party? dept
Just a quick reminder that the Nasdaq’s peak occurred two years ago. The article looks at the over 500 San Francisco Bay Area companies that are public and how they’ve fared over the past two years (not well… not well at all). What amazes me is that over 30% of public Bay Area companies have seen their stock fall by over 90% in the past two years. It’s not surprising that most stocks have fallen or that some have fallen by that amount – but 30% is quite a lot of companies (163, to be exact).