|Bid||525.00 x 800|
|Ask||527.99 x 1400|
|Day's range||526.87 - 552.83|
|52-week range||509.55 - 895.93|
|Beta (5Y monthly)||0.98|
|PE ratio (TTM)||39.23|
|Forward dividend & yield||6.28 (1.12%)|
|Ex-dividend date||03 May 2022|
|1y target est||N/A|
The stock market is having a forgettable 2022 so far thanks to multiple headwinds, such as the geopolitical instability in Europe, surging inflation, a contracting economy, and a hawkish Federal Reserve that has adopted an aggressive stance toward raising interest rates. Technology stocks have been hammered big time thanks to the factors discussed above, with the Nasdaq-100 Technology Sector index down a whopping 31% this year. The likes of Nvidia (NASDAQ: NVDA), ASML Holding (NASDAQ: ASML), and Twilio (NYSE: TWLO) are three such high-flying stocks that have crashed hard amid the sell-off.
Yahoo Finance Live anchors discuss the sell-off in stocks led by the tech giants.
ASML delivered messy earnings, but a very strong outlook. Still, it wasn't enough to overcome investor fears in the technology sector.