Over the past ten years, the Technology SPDR (ETF) (NYSE: XLK) has outperformed the Dow by 40 percentage points, returning 92.7 percent. The tech sector's highest fliers -- Facebook Inc (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Netflix, Inc.(NASDAQ: NFLX), Alphabet Inc (NASDAQ: GOOG), popularized by the F.A.N.G. acronym -- had a huge 2015.
Of late, Apple Inc. (NASDAQ: AAPL) investors have been particularly skittish, along with newer IPO-ed names like Fitbit Inc (NYSE: FIT), both of which are down double-digit percentages in the past month.
Tech Bull Market Over?
According to one study, it might be. Highlighted on Wednesday by Statista's Felix Richter, consumer purchase intentions are ...
/www.benzinga.com/analyst-ratings/analyst-color/16/01/6121188/techs-decade-of-innovation-at-an-end-new-data-is-soberin alt=Tech's Decade Of Innovation At An End? New Data Is 'Sobering'>Full story available on Benzinga.com
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