{"id":74474,"date":"2020-06-12T01:17:08","date_gmt":"2020-06-12T05:17:08","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=74474"},"modified":"2020-06-12T01:03:32","modified_gmt":"2020-06-12T05:03:32","slug":"techs-big-five-lost-nearly-270-billion-in-value-in-thursdays-market-plunge","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2020\/techs-big-five-lost-nearly-270-billion-in-value-in-thursdays-market-plunge.html","title":{"rendered":"Tech\u2019s big five lost nearly $270 billion in value in Thursday\u2019s market plunge"},"content":{"rendered":"<p>(CNBC) The five most valuable tech companies lost more than $269 billion in value on Thursday, the worst day for U.S. stocks since March. Microsoft was the biggest loser, shedding more than $80 billion in value as shares dropped more than 5%. Shares of Facebook were also down more than 5%, while Apple dropped 4.8%. Alphabet closed 4.29% lower and Amazon shed 3.38%. Nearly every other tech stock was down as well, with Cisco (-7.91%) and IBM (-9.1%) seeing particularly steep drops. <\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/06\/11\/tech-stock-wipeout-big-five-lose-270-billion-in-value-zoom-rises.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The five most valuable tech companies lost more than $269 billion in value on Thursday, the worst day for U.S. stocks since March. Microsoft was the biggest loser, shedding more than $80 billion in value as shares dropped more [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-74474","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=74474"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74474\/revisions"}],"predecessor-version":[{"id":74475,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74474\/revisions\/74475"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=74474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=74474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=74474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}