Tech Coming Back to Near-Earth Orbit
Investors’ hopes for technology stocks were running too hot, even given strong fundamentals
The past few weeks have offered clear proof that tech investors’ hopes had gotten ahead of reality. The next few may not get much better.
A tough October for the stock market has been especially hard on technology stocks. Another harsh selloff on Friday added to what has been a brutal month for the sector.
The tech-stuffed Nasdaq Composite...