Tech

Tech stocks tumble as investors balk at lofty valuations

2 days ago   |   By Business Insider

Summary List Placement
US stocks closed mixed with the tech-heavy Nasdaq losing over 2% as investors pivot out of highly-valued tech stocks.
SPAC Churchill Capital IV spiked as much as 19% on a report a deal with EV maker Lucid Motors could come as soon as Tuesday.
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US stocks were mixed on Monday with tech stocks pulling back over valuation concerns while investors weighed what rising yields could mean for inflation.
Fundstrat's Thomas Lee says the case for cyclical stocks within energy, industrials, consumer...
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